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 0.11 crore in the same period last year, registering a year-on-year decline of 18.18 per cent.

Net revenue of the company declined substantially by 61.92 per cent at Rs 14.75 crore in October-December quarter of this fiscal as against Rs 38.73 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 63.37 per cent to Rs 13.86 crore from Rs 37.84 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.02 crore versus (Dec'18 Rs 0.00 crore).

Operating Profit surged by 0.00 per cent to Rs 0.89 crore as against Rs 0.89 crore in the year ago per...