India, Nov. 15 -- The company reported standalone net profit of Rs 90.60 crore for the quarter ended September 30, 2019 as compared to Rs 258.94 crore in the same period last year, registering a year-on-year decline of 65.01 per cent.

Net revenue of the company declined substantially by 39.74 per cent at Rs 268.80 crore in July-September quarter of this fiscal as against Rs 446.06 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 45.89 per cent to Rs 143.29 crore from Rs 264.82 crore in year ago period.

Other Income dipped by 56.97 per cent at Rs 32.57 crore versus (Sep'18 Rs 75.69 crore).

Operating Profit slipped by 30.75 per cent to Rs 125.51 crore as against Rs 181.24 crore in t...