Lalita was defeated by North Korea's Han Kum-ok 3-9 in the semifinal but she managed to settle for a bronze in her category.
Fighting for the third-place finish, Babita lost to Zhuldyz Eshimova-Turtbayeva of Kazakhstan 3-6 in the bronze medal play-off.
Earlier, Babita failed to enter the final of her weight division after losing her semifinal bout to Pak Yong-Mi of North Korea in another well fought contest.
In 63kg division, Aneeta outplayed Choi Jiae of Korea 6-1 in the qualification round but failed to overcome the challenge from China's Zhuo Ma Xiluo, losing 0-10 in her semifinal bout to miss out on a chance to fight for the gold medal.
Aneeta, however, got another opportunity to bag a bronze but she could not defeat her Mongolian rival Enkhbayar Tsevegmid in the third-fourth place match and had to return empty handed in the end.
After going down to Luo Xiaojuan of China 4-5 by Fall verdict in the first round, she came back strongly in the second to beat Munkhtuya Tungalag of Mongolia 13-0, but only to go down in the 4th round against Japan's Yoshimi Kayama.
In the 5th round, however, the Indian girl beat Kazakhstan's Ayaulym Kassymova 8-1.
India's campaign got over early in 69kg weight category as Suman Kundu lost 0-6 by Fall verdict to Kayoko Kudo of Japan in the quarterfinal.
Last night, Vinesh claimed the silver medal in women's 48kg division after losing her final bout to Japan's Yuki Irie, while Narsingh Pancham Yadav bagged a bronze in Men's Freestyle 74kg category.
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