The company had posted a net profit at Rs 7.25 crore during the same period of the previous fiscal, it said in a statement.
Total income for the quarter stood at Rs 195.07 crore, up by 57.06 per cent, as compared to Rs 124.20 crore in the same period of the last year.
The stock closed 2.34 per cent down at Rs 179.15 on the BSE.