India, Nov. 15 -- The company reported standalone net profit of Rs 0.06 crore for the quarter ended September 30, 2019 as compared to Rs 0.14 crore in the same period last year, registering a year-on-year decline of 57.14 per cent.

Net revenue of the company declined substantially by 25.24 per cent at Rs 8.71 crore in July-September quarter of this fiscal as against Rs 11.65 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 27.50 per cent to Rs 7.99 crore from Rs 11.02 crore in year ago period.

Other Income dipped by 89.47 per cent at Rs 0.04 crore versus (Sep'18 Rs 0.38 crore).

Operating Profit surged by 14.29 per cent to Rs 0.72 crore as against Rs 0.63 crore in the year ago peri...