Vijay Mallya Group firm Shaw Wallace & Company today said its net profit for quarter ended December 31, dipped 88.81 per cent to Rs 1.29 crore from Rs 11.54 crore for the same quarter last year.
Income from operations rose to Rs 61.10 crore for the quarter under review, as against Rs 52.65 crore for the same period a year ago.
For the nine months ended December 31, the company has posted a net profit of Rs 8.04 crore, against Rs 25.63 crore for the same period last fiscal.
The company shares were trading at Rs 167, up 1.83 per cent on the BSE.