India, Jan. 17 -- The company reported standalone net profit of Rs 45.91 crore for the quarter ended December 31, 2019 as compared to Rs 39.63 crore in the same period last year, registering a year-on-year growth of 15.85 per cent.

Net revenue of the company declined by 5.08 per cent at Rs 518.62 crore in October-December quarter of this fiscal as against Rs 546.37 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 6.64 per cent to Rs 440.34 crore from Rs 471.67 crore in year ago period.

Other Income grew by 144.44 per cent at Rs 3.08 crore versus (Dec'18 Rs 1.26 crore).

Operating Profit surged by 4.79 per cent to Rs 78.28 crore as against Rs 74.70 crore in the year ago period, wh...