India, May 27 -- The company reported standalone net profit of Rs 15.62 crore for the quarter ended March 31, 2019 as compared to Rs 20.17 crore in the same period last year, registering a year-on-year decline of 22.56 per cent.

Net revenue of the company rose marginally by 4.86 per cent at Rs 351.43 crore in January-March quarter of this fiscal as against Rs 335.15 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 5.24 per cent to Rs 317.76 crore from Rs 301.94 crore in year ago period.

Other Income grew by 30.60 per cent at Rs 10.97 crore versus (Mar'18 Rs 8.40 crore).

Operating Profit surged by 1.39 per cent to Rs 33.67 crore as against Rs 33.21 crore in the year ago period, wh...