The company had reported a net profit of Rs 52.19 crore in the same quarter a year ago.
Total income during the quarter under review fell by 1.96 per cent to Rs 208.49 crore as against Rs 212.67 crore in the corresponding period last year, the company said in a BSE filing.
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Shares of the company were trading 2.79 per cent higher at Rs 407.15 on BSE.
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