India, Jan. 27 -- The company reported standalone net profit of Rs 2,873.53 crore for the quarter ended December 31, 2024 as compared to Rs 8063.39 crore in the same period last year, registering a year-on-year decline of 64.36 per cent.

Net revenue of the company declined marginally by 2.61 per cent at Rs 1,93,899.50 crore in October-December quarter of this fiscal as against Rs 1,99,103.97 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 1.73 per cent to Rs 1,86,782.90 crore from Rs 1,83,615.29 crore in year ago period.

Other Income grew by 29.51 per cent at Rs 1,881.73 crore versus (Dec'23 Rs 1,452.91 crore).

Operating Profit slipped by 54.05 per cent to Rs 7,116.60 crore a...