Hi all, thanks for replies. I have updated my query the below way.
SELECT
S_ID,
LAG(S_ACTV_CODE, 1) OVER (PARTITION BY S_ID ORDER BY S_DATETIME ASC) AS S_ACTV_CODE_PREV,
S_ACTV_CODE,
S_USER,
S_DATETIME AS START_TIME,
LEAD(S_DATETIME, 1) OVER (PARTITION BY S_ID ORDER BY S_DATETIME ASC) AS END_TIME,
DATEDIFF (SECOND, S_DATETIME,
LEAD(S_DATETIME, 1) OVER (PARTITION BY S_ID ORDER BY S_DATETIME ASC)) AS DURATION
FROM (
SELECT
S_ID,
LAG(S_ACTV_CODE, 1, 'N/A') OVER (PARTITION BY S_ID ORDER BY S_DATETIME ASC) AS S_ACTV_CODE_PREV,
S_ACTV_CODE,
S_USER,
S_DATETIME
FROM TABLE1
) X WHERE ISNULL(S_ACTV_CODE_PREV,'') != ISNULL(S_ACTV_CODE,'')
ORDER BY S_ID, START_TIME;
The above query worked for me and gave the expected results. Thanks once again for all your replies.