India, Feb. 15 -- The company reported standalone net profit of Rs 42.04 crore for the quarter ended December 31, 2018 as compared to Rs 43.83 crore in the same period last year, registering a year-on-year decline of 4.08 per cent.

Net revenue of the company rose moderately by 9.81 per cent at Rs 88.53 crore in October-December quarter of this fiscal as against Rs 80.62 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 72.31 per cent to Rs 38.08 crore from Rs 22.10 crore in year ago period.

Other Income grew by 68.01 per cent at Rs 12.97 crore versus (Dec'17 Rs 7.72 crore).

Operating Profit slipped by 13.79 per cent to Rs 50.45 crore as against Rs 58.52 crore in the year ago pe...