India, Feb. 17 -- The company reported standalone net profit of Rs 0.84 crore for the quarter ended December 31, 2019 as compared to Rs 1.34 crore in the same period last year, registering a year-on-year decline of 37.31 per cent.

Net revenue of the company rose moderately by 11.03 per cent at Rs 21.94 crore in October-December quarter of this fiscal as against Rs 19.76 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 15.60 per cent to Rs 20.68 crore from Rs 17.89 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Dec'18 Rs 0.00 crore).

Operating Profit slipped by 32.62 per cent to Rs 1.26 crore as against Rs 1.87 crore in the year ago period...