India, May 23 -- The company reported standalone net profit of Rs 19.53 crore for the quarter ended March 31, 2019 as compared to Rs 26.47 crore in the same period last year, registering a year-on-year decline of 26.22 per cent.

Net revenue of the company declined moderately by 11.92 per cent at Rs 110.38 crore in January-March quarter of this fiscal as against Rs 125.32 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 38.51 per cent to Rs 90.52 crore from Rs 147.22 crore in year ago period.

Other Income dipped by 87.75 per cent at Rs 13.43 crore versus (Mar'18 Rs 109.60 crore).

Operating Profit surged by 190.68 per cent to Rs 19.86 crore as against Rs -21.90 crore in the year ago ...