India, May 3 -- The company reported standalone net profit during the quarter stood at Rs 6.01 crore compared to net loss of Rs 8.34 crore in the previous year quarter.

Net revenue of the company declined substantially by 29.75 per cent at Rs 15.82 crore in January-March quarter of this fiscal as against Rs 22.52 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 75.38 per cent to Rs 10.72 crore from Rs 43.55 crore in year ago period.

Other Income dipped by 87.17 per cent at Rs 1.71 crore versus (Mar'23 Rs 13.33 crore).

Operating Profit surged by 124.25 per cent to Rs 5.10 crore as against Rs -21.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-...