India, March 5 -- The company reported standalone net profit of Rs 0.42 crore for the quarter ended December 31, 2020 as compared to Rs 5.36 crore in the same period last year, registering a year-on-year decline of 92.16 per cent.

Net revenue of the company rose moderately by 9.17 per cent at Rs 23.45 crore in October-December quarter of this fiscal as against Rs 21.48 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 26.11 per cent to Rs 17.00 crore from Rs 13.48 crore in year ago period.

Other Income grew by 18.75 per cent at Rs 0.38 crore versus (Dec'19 Rs 0.32 crore).

Operating Profit slipped by 19.38 per cent to Rs 6.45 crore as against Rs 8.00 crore in the year ago period...