India, July 16 -- The company reported standalone net profit of Rs 19.62 crore for the quarter ended June 30, 2019 as compared to Rs 30.39 crore in the same period last year, registering a year-on-year decline of 35.44 per cent.

Net revenue of the company rose moderately by 6.74 per cent at Rs 499.03 crore in April-June quarter of this fiscal as against Rs 467.54 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 13.08 per cent to Rs 454.08 crore from Rs 401.57 crore in year ago period.

Other Income grew by 197.30 per cent at Rs 4.40 crore versus (Jun'18 Rs 1.48 crore).

Operating Profit slipped by 31.86 per cent to Rs 44.95 crore as against Rs 65.97 crore in the year ago period, while...