India, Feb. 17 -- The company reported standalone net profit of Rs 0.02 crore for the quarter ended December 31, 2019 as compared to Rs 0.05 crore in the same period last year, registering a year-on-year decline of 60.00 per cent.
Net revenue of the company declined substantially by 65.63 per cent at Rs 4.44 crore in October-December quarter of this fiscal as against Rs 12.92 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 66.15 per cent to Rs 4.33 crore from Rs 12.79 crore in year ago period.
Operating Profit slipped by 21.43 per cent to Rs 0.11 crore as against Rs 0.14 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 134.91 per cent in...