India, May 31 -- The company reported standalone net profit of Rs 13.97 crore for the quarter ended March 31, 2019 as compared to Rs 18.06 crore in the same period last year, registering a year-on-year decline of 22.65 per cent.

Net revenue of the company declined moderately by 19.98 per cent at Rs 215.77 crore in January-March quarter of this fiscal as against Rs 269.66 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 19.84 per cent to Rs 184.33 crore from Rs 229.96 crore in year ago period.

Other Income grew by 124.88 per cent at Rs 9.58 crore versus (Mar'18 Rs 4.26 crore).

Operating Profit slipped by 20.81 per cent to Rs 31.44 crore as against Rs 39.70 crore in the year ago peri...