India, Feb. 17 -- The company reported standalone net profit of Rs 1.52 crore for the quarter ended December 31, 2019 as compared to Rs 1.99 crore in the same period last year, registering a year-on-year decline of 23.62 per cent.
Net revenue of the company declined substantially by 29.04 per cent at Rs 27.88 crore in October-December quarter of this fiscal as against Rs 39.29 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 29.71 per cent to Rs 25.64 crore from Rs 36.48 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.26 crore versus (Dec'18 Rs 0.00 crore).
Operating Profit slipped by 20.64 per cent to Rs 2.23 crore as against Rs 2.81 crore in the year ago p...