India, Jan. 18 -- The company reported standalone net profit of Rs 0.50 crore for the quarter ended September 30, 2018 as compared to Rs 0.35 crore in the same period last year, registering a year-on-year growth of 42.86 per cent.

Net revenue of the company declined substantially by 20.50 per cent at Rs 47.20 crore in July-September quarter of this fiscal as against Rs 59.37 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 21.85 per cent to Rs 43.00 crore from Rs 55.02 crore in year ago period.

Other Income dipped by 22.22 per cent at Rs 0.07 crore versus (Sep'17 Rs 0.09 crore).

Operating Profit slipped by 3.45 per cent to Rs 4.20 crore as against Rs 4.35 crore in the year ago per...