India, Feb. 7 -- The company reported standalone net profit of Rs 135.58 crore for the quarter ended December 31, 2024 as compared to Rs 262.20 crore in the same period last year, registering a year-on-year decline of 48.29 per cent.

Net revenue of the company declined substantially by 53.01 per cent at Rs 260.43 crore in October-December quarter of this fiscal as against Rs 554.24 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 61.11 per cent to Rs 67.92 crore from Rs 174.65 crore in year ago period.

Other Income grew by 95.54 per cent at Rs 41.22 crore versus (Dec'23 Rs 21.08 crore).

Operating Profit slipped by 49.28 per cent to Rs 192.51 crore as against Rs 379.59 crore in t...