** Shares of IDP Education IEL.AX fall as much as 16.1% to A$9.980, their lowest since early-January 2019
** The overseas education consultancy co posts ~49% drop in HY adjusted NPAT to A$59.7 million ($37.64 million)
** Says it currently expects to record a decline in volumes in its key business lines in FY25
** Expects size of the international education market to contract; sees its international student volumes declining by 20%–30% in FY25
** Stock worst performer on ASX 200 benchmark .AXJO
** As of last close, stock was down 6.6% YTD
($1 = 1.5860 Australian dollars)
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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