India, June 1 -- The company reported standalone net profit of Rs 0.28 crore for the quarter ended March 31, 2020 as compared to Rs 1.89 crore in the same period last year, registering a year-on-year decline of 85.19 per cent.

Net revenue of the company declined substantially by 37.18 per cent at Rs 20.19 crore in January-March quarter of this fiscal as against Rs 32.14 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 31.18 per cent to Rs 19.53 crore from Rs 28.38 crore in year ago period.

Other Income grew by 62.50 per cent at Rs 0.91 crore versus (Mar'19 Rs 0.56 crore).

Operating Profit slipped by 82.49 per cent to Rs 0.66 crore as against Rs 3.77 crore in the year ago period, wh...