India, Feb. 1 -- The company reported standalone net profit of Rs 124.65 crore for the quarter ended December 31, 2024 as compared to Rs 173.08 crore in the same period last year, registering a year-on-year decline of 27.98 per cent.

Net revenue of the company declined substantially by 47.95 per cent at Rs 1,140.17 crore in October-December quarter of this fiscal as against Rs 2,190.32 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 47.29 per cent to Rs 850.16 crore from Rs 1,612.94 crore in year ago period.

Other Income grew by 398.41 per cent at Rs 116.18 crore versus (Dec'23 Rs 23.31 crore).

Operating Profit slipped by 49.77 per cent to Rs 290.01 crore as against Rs 577.38 c...