India, Feb. 17 -- The company reported standalone net profit of Rs 0.07 crore for the quarter ended December 31, 2019 as compared to Rs 0.63 crore in the same period last year, registering a year-on-year decline of 88.89 per cent.

Net revenue of the company declined substantially by 78.14 per cent at Rs 12.93 crore in October-December quarter of this fiscal as against Rs 59.16 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 80.35 per cent to Rs 11.27 crore from Rs 57.36 crore in year ago period.

Other Income dipped by 50.00 per cent at Rs 0.01 crore versus (Dec'18 Rs 0.02 crore).

Operating Profit slipped by 8.33 per cent to Rs 1.65 crore as against Rs 1.80 crore in the year ago...