India, Nov. 12 -- The company reported standalone net profit of Rs 6.13 crore for the quarter ended September 30, 2019 as compared to Rs 9.98 crore in the same period last year, registering a year-on-year decline of 38.58 per cent.

Net revenue of the company declined substantially by 28.48 per cent at Rs 151.01 crore in July-September quarter of this fiscal as against Rs 211.13 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 30.38 per cent to Rs 122.14 crore from Rs 175.44 crore in year ago period.

Other Income grew by 3.15 per cent at Rs 2.29 crore versus (Sep'18 Rs 2.22 crore).

Operating Profit slipped by 19.09 per cent to Rs 28.87 crore as against Rs 35.68 crore in the year ag...