India, July 16 -- The company reported standalone net profit of Rs 16.27 crore for the quarter ended June 30, 2019 as compared to Rs 22.19 crore in the same period last year, registering a year-on-year decline of 26.68 per cent.

Net revenue of the company rose moderately by 7.46 per cent at Rs 118.63 crore in April-June quarter of this fiscal as against Rs 110.39 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 21.27 per cent to Rs 92.82 crore from Rs 76.54 crore in year ago period.

Other Income grew by 3.92 per cent at Rs 1.06 crore versus (Jun'18 Rs 1.02 crore).

Operating Profit slipped by 23.75 per cent to Rs 25.81 crore as against Rs 33.85 crore in the year ago period, while Ope...