India, Feb. 17 -- The company reported standalone net profit of Rs 0.09 crore for the quarter ended December 31, 2019 as compared to Rs 0.19 crore in the same period last year, registering a year-on-year decline of 52.63 per cent.

Net revenue of the company declined moderately by 6.12 per cent at Rs 22.24 crore in October-December quarter of this fiscal as against Rs 23.69 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 6.42 per cent to Rs 21.85 crore from Rs 23.35 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.07 crore versus (Dec'18 Rs 0.07 crore).

Operating Profit surged by 18.18 per cent to Rs 0.39 crore as against Rs 0.33 crore in the year ago period,...