India, May 16 -- The company reported standalone net profit of Rs 14.71 crore for the quarter ended March 31, 2019 as compared to Rs 15.06 crore in the same period last year, registering a year-on-year decline of 2.32 per cent.

Net revenue of the company rose moderately by 15.47 per cent at Rs 245.52 crore in January-March quarter of this fiscal as against Rs 212.62 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 15.07 per cent to Rs 217.31 crore from Rs 188.85 crore in year ago period.

Other Income dipped by 72.34 per cent at Rs 2.18 crore versus (Mar'18 Rs 7.88 crore).

Operating Profit surged by 18.68 per cent to Rs 28.21 crore as against Rs 23.77 crore in the year ago period,...