India, May 23 -- The company reported standalone net profit of Rs 18.21 crore for the quarter ended March 31, 2019 as compared to Rs 33.40 crore in the same period last year, registering a year-on-year decline of 45.48 per cent.

Net revenue of the company rose by 0.10 per cent at Rs 313.08 crore in January-March quarter of this fiscal as against Rs 312.78 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 10.98 per cent to Rs 276.42 crore from Rs 249.08 crore in year ago period.

Other Income grew by 64.39 per cent at Rs 2.17 crore versus (Mar'18 Rs 1.32 crore).

Operating Profit slipped by 42.45 per cent to Rs 36.66 crore as against Rs 63.70 crore in the year ago period, while Opera...