India, Jan. 29 -- The company reported standalone net profit of Rs 118.53 crore for the quarter ended December 31, 2024 as compared to Rs 308.26 crore in the same period last year, registering a year-on-year decline of 61.55 per cent.

Net revenue of the company declined substantially by 40.18 per cent at Rs 100.93 crore in October-December quarter of this fiscal as against Rs 168.72 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 43.51 per cent to Rs 47.16 crore from Rs 83.49 crore in year ago period.

Other Income dipped by 90.19 per cent at Rs 0.95 crore versus (Dec'23 Rs 9.68 crore).

Operating Profit slipped by 36.91 per cent to Rs 53.77 crore as against Rs 85.23 crore in the...