India, May 28 -- The company reported standalone net profit of Rs 6.08 crore for the quarter ended March 31, 2020 as compared to Rs 8.63 crore in the same period last year, registering a year-on-year decline of 29.55 per cent.

Net revenue of the company declined moderately by 14.35 per cent at Rs 72.08 crore in January-March quarter of this fiscal as against Rs 84.16 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 10.18 per cent to Rs 63.96 crore from Rs 71.21 crore in year ago period.

Other Income grew by 13.24 per cent at Rs 1.54 crore versus (Mar'19 Rs 1.36 crore).

Operating Profit slipped by 37.30 per cent to Rs 8.12 crore as against Rs 12.95 crore in the year ago period, whil...