India, June 1 -- The company reported standalone net profit of Rs 18.83 crore for the quarter ended March 31, 2020 as compared to Rs 47.96 crore in the same period last year, registering a year-on-year decline of 60.74 per cent.
Net revenue of the company declined substantially by 60.17 per cent at Rs 28.45 crore in January-March quarter of this fiscal as against Rs 71.42 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 40.28 per cent to Rs 11.37 crore from Rs 19.04 crore in year ago period.
Other Income grew by 90.98 per cent at Rs 6.99 crore versus (Mar'19 Rs 3.66 crore).
Operating Profit slipped by 67.41 per cent to Rs 17.07 crore as against Rs 52.38 crore in the year ago period...