India, Aug. 15 -- The company reported standalone net profit of Rs 1.02 crore for the quarter ended June 30, 2019 as compared to Rs 7.41 crore in the same period last year, registering a year-on-year decline of 86.23 per cent.

Net revenue of the company declined moderately by 18.01 per cent at Rs 60.82 crore in April-June quarter of this fiscal as against Rs 74.18 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 16.70 per cent to Rs 61.46 crore from Rs 73.78 crore in year ago period.

Other Income grew by 1.75 per cent at Rs 5.24 crore versus (Jun'18 Rs 5.15 crore).

Operating Profit slipped by 262.50 per cent to Rs -0.65 crore as against Rs 0.40 crore in the year ago period, while Oper...