India, May 30 -- The company reported standalone net profit of Rs 7.68 crore for the quarter ended March 31, 2020 as compared to Rs 37.87 crore in the same period last year, registering a year-on-year decline of 79.72 per cent.

Net revenue of the company declined moderately by 15.43 per cent at Rs 62.05 crore in January-March quarter of this fiscal as against Rs 73.37 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 18.48 per cent to Rs 36.80 crore from Rs 45.14 crore in year ago period.

Other Income dipped by 92.18 per cent at Rs 0.23 crore versus (Mar'19 Rs 2.94 crore).

Operating Profit slipped by 10.56 per cent to Rs 25.25 crore as against Rs 28.23 crore in the year ago period, ...