India, Feb. 17 -- The company reported standalone net profit of Rs 2.01 crore for the quarter ended December 31, 2019 as compared to Rs 3.18 crore in the same period last year, registering a year-on-year decline of 36.79 per cent.

Net revenue of the company declined moderately by 15.78 per cent at Rs 3.47 crore in October-December quarter of this fiscal as against Rs 4.12 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 25.32 per cent to Rs 0.99 crore from Rs 0.79 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.05 crore versus (Dec'18 Rs 0.00 crore).

Operating Profit slipped by 38.15 per cent to Rs 2.48 crore as against Rs 4.01 crore in the year ago period...