India, April 25 -- The company reported standalone net profit of Rs 0.10 crore for the quarter ended March 31, 2024 as compared to Rs 0.82 crore in the same period last year, registering a year-on-year decline of 87.80 per cent.

Net revenue of the company declined substantially by 43.94 per cent at Rs 5.18 crore in January-March quarter of this fiscal as against Rs 9.24 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 40.05 per cent to Rs 4.49 crore from Rs 7.49 crore in year ago period.

Operating Profit slipped by 60.57 per cent to Rs 0.69 crore as against Rs 1.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29.67 per cent in March qu...