India, Feb. 7 -- The company reported standalone net profit of Rs 0.53 crore for the quarter ended December 31, 2024 as compared to Rs 2.68 crore in the same period last year, registering a year-on-year decline of 80.22 per cent.

Net revenue of the company declined moderately by 14.07 per cent at Rs 331.80 crore in October-December quarter of this fiscal as against Rs 386.13 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 13.96 per cent to Rs 313.47 crore from Rs 364.33 crore in year ago period.

Other Income grew by 68.04 per cent at Rs 1.63 crore versus (Dec'23 Rs 0.97 crore).

Operating Profit slipped by 15.92 per cent to Rs 18.33 crore as against Rs 21.80 crore in the year ag...