India, March 5 -- The company reported standalone net profit of Rs 0.51 crore for the quarter ended December 31, 2020 as compared to Rs 0.56 crore in the same period last year, registering a year-on-year decline of 8.93 per cent.

Net revenue of the company rose moderately by 12.79 per cent at Rs 3.35 crore in October-December quarter of this fiscal as against Rs 2.97 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 45.19 per cent to Rs 1.51 crore from Rs 1.04 crore in year ago period.

Other Income dipped by 54.29 per cent at Rs 0.16 crore versus (Dec'19 Rs 0.35 crore).

Operating Profit slipped by 4.10 per cent to Rs 1.87 crore as against Rs 1.95 crore in the year ago period, w...