India, Jan. 30 -- The company reported standalone net profit of Rs 229.41 crore for the quarter ended December 31, 2024 as compared to Rs 734.23 crore in the same period last year, registering a year-on-year decline of 68.76 per cent.

Net revenue of the company declined moderately by 13.58 per cent at Rs 4,235.49 crore in October-December quarter of this fiscal as against Rs 4,900.82 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 10.31 per cent to Rs 3,288.91 crore from Rs 3,667.13 crore in year ago period.

Other Income dipped by 15.18 per cent at Rs 114.87 crore versus (Dec'23 Rs 135.43 crore).

Operating Profit slipped by 23.27 per cent to Rs 946.58 crore as against Rs 1,233....