India, Oct. 23 -- The company reported standalone net profit of Rs 12.67 crore for the quarter ended September 30, 2019 as compared to Rs 5.36 crore in the same period last year, registering a year-on-year growth of 136.38 per cent.

Net revenue of the company declined moderately by 17.24 per cent at Rs 494.26 crore in July-September quarter of this fiscal as against Rs 597.19 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 20.88 per cent to Rs 508.72 crore from Rs 642.94 crore in year ago period.

Other Income dipped by 52.51 per cent at Rs 5.49 crore versus (Sep'18 Rs 11.56 crore).

Operating Profit surged by 98.06 per cent to Rs 29.65 crore as against Rs 14.97 crore in the year a...