India, Jan. 29 -- The company reported standalone net profit of Rs 11.56 crore for the quarter ended December 31, 2024 as compared to Rs 26.32 crore in the same period last year, registering a year-on-year decline of 56.08 per cent.

Net revenue of the company declined substantially by 47.78 per cent at Rs 17.32 crore in October-December quarter of this fiscal as against Rs 33.17 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 50.93 per cent to Rs 2.65 crore from Rs 5.40 crore in year ago period.

Other Income grew by 35.19 per cent at Rs 0.73 crore versus (Dec'23 Rs 0.54 crore).

Operating Profit slipped by 47.21 per cent to Rs 14.66 crore as against Rs 27.77 crore in the year ag...