India, Aug. 13 -- The company reported standalone net loss during the quarter stood at Rs 1.18 crore as compared to net loss of Rs 0.49 crore in the previous year quarter.

Net revenue of the company declined substantially by 58.45 per cent at Rs 10.13 crore in April-June quarter of this fiscal as against Rs 24.38 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 65.04 per cent to Rs 7.22 crore from Rs 20.65 crore in year ago period.

Other Income dipped by 60.00 per cent at Rs 1.20 crore versus (Jun'18 Rs 3.00 crore).

Operating Profit slipped by 21.98 per cent to Rs 2.91 crore as against Rs 3.73 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8...