India, Aug. 15 -- The company reported standalone net profit of Rs 5.34 crore for the quarter ended June 30, 2019 as compared to Rs 13.87 crore in the same period last year, registering a year-on-year decline of 61.50 per cent.

Net revenue of the company declined substantially by 29.49 per cent at Rs 162.18 crore in April-June quarter of this fiscal as against Rs 230.00 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 27.50 per cent to Rs 135.31 crore from Rs 186.63 crore in year ago period.

Other Income dipped by 84.69 per cent at Rs 1.73 crore versus (Jun'18 Rs 11.30 crore).

Operating Profit slipped by 38.04 per cent to Rs 26.87 crore as against Rs 43.37 crore in the year ago period...