India, Jan. 30 -- The company reported standalone net profit of Rs 534.59 crore for the quarter ended December 31, 2024 as compared to Rs 718.46 crore in the same period last year, registering a year-on-year decline of 25.59 per cent.

Net revenue of the company declined substantially by 45.26 per cent at Rs 6,156.76 crore in October-December quarter of this fiscal as against Rs 11,246.93 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 47.10 per cent to Rs 5,531.64 crore from Rs 10,456.09 crore in year ago period.

Other Income grew by 14.00 per cent at Rs 429.92 crore versus (Dec'23 Rs 377.11 crore).

Operating Profit slipped by 20.95 per cent to Rs 625.12 crore as against Rs 790...