India, Jan. 31 -- The company reported standalone net profit of Rs 53.29 crore for the quarter ended December 31, 2024 as compared to Rs 138.63 crore in the same period last year, registering a year-on-year decline of 61.56 per cent.

Net revenue of the company declined by 0.85 per cent at Rs 1,340.04 crore in October-December quarter of this fiscal as against Rs 1,351.58 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 5.65 per cent to Rs 1,188.38 crore from Rs 1,124.85 crore in year ago period.

Other Income dipped by 6.72 per cent at Rs 34.12 crore versus (Dec'23 Rs 36.58 crore).

Operating Profit slipped by 33.11 per cent to Rs 151.66 crore as against Rs 226.73 crore in the y...