India, July 16 -- The company reported standalone net profit of Rs 14.72 crore for the quarter ended June 30, 2019 as compared to Rs 21.51 crore in the same period last year, registering a year-on-year decline of 31.57 per cent.

Net revenue of the company declined moderately by 6.01 per cent at Rs 470.59 crore in April-June quarter of this fiscal as against Rs 500.69 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 5.04 per cent to Rs 414.91 crore from Rs 436.92 crore in year ago period.

Other Income grew by 142.95 per cent at Rs 3.79 crore versus (Jun'18 Rs 1.56 crore).

Operating Profit slipped by 12.70 per cent to Rs 55.68 crore as against Rs 63.78 crore in the year ago period, whil...