India, Jan. 31 -- The company reported standalone net profit of Rs 18.73 crore for the quarter ended December 31, 2024 as compared to Rs 265.14 crore in the same period last year, registering a year-on-year decline of 92.94 per cent.

Net revenue of the company rose substantially by 38.61 per cent at Rs 1,057.03 crore in October-December quarter of this fiscal as against Rs 762.61 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 254.61 per cent to Rs 631.70 crore from Rs 178.14 crore in year ago period.

Other Income dipped by 98.74 per cent at Rs 0.14 crore versus (Dec'23 Rs 11.15 crore).

Operating Profit slipped by 27.23 per cent to Rs 425.33 crore as against Rs 584.47 crore i...