India, Oct. 23 -- The company reported standalone net profit of Rs 0.19 crore for the quarter ended September 30, 2019 as compared to Rs 1.04 crore in the same period last year, registering a year-on-year decline of 81.73 per cent.

Net revenue of the company declined moderately by 14.10 per cent at Rs 38.26 crore in July-September quarter of this fiscal as against Rs 44.54 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 14.01 per cent to Rs 33.87 crore from Rs 39.39 crore in year ago period.

Other Income dipped by 55.84 per cent at Rs 0.34 crore versus (Sep'18 Rs 0.77 crore).

Operating Profit slipped by 14.76 per cent to Rs 4.39 crore as against Rs 5.15 crore in the year ago peri...