India, Aug. 13 -- The company reported standalone net profit of Rs 0.06 crore for the quarter ended June 30, 2019 as compared to Rs 0.31 crore in the same period last year, registering a year-on-year decline of 80.65 per cent.

Net revenue of the company rose substantially by 90.89 per cent at Rs 5,450.47 crore in April-June quarter of this fiscal as against Rs 2,855.36 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 90.81 per cent to Rs 5,451.76 crore from Rs 2,857.24 crore in year ago period.

Other Income dipped by 15.29 per cent at Rs 2.77 crore versus (Jun'18 Rs 3.27 crore).

Operating Profit slipped by 31.38 per cent to Rs -1.29 crore as against Rs -1.88 crore in the year ago pe...