India, Jan. 18 -- The company reported standalone net profit of Rs 8.15 crore for the quarter ended December 31, 2020 as compared to Rs 66.64 crore in the same period last year, registering a year-on-year decline of 87.77 per cent.

Net revenue of the company declined substantially by 24.37 per cent at Rs 816.61 crore in October-December quarter of this fiscal as against Rs 1,079.70 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 26.35 per cent to Rs 694.62 crore from Rs 943.17 crore in year ago period.

Other Income dipped by 26.39 per cent at Rs 26.39 crore versus (Dec'19 Rs 35.85 crore).

Operating Profit slipped by 10.65 per cent to Rs 121.99 crore as against Rs 136.53 crore i...