The company had posted net profit of Rs 96.07 crore in the October-December period of 2012-13 financial year.
Total income from operations, however, rose by 13 per cent to Rs 2,359.88 crore during the third quarter, 2013-14, from Rs 2,089.22 crore in Q3 of the previous fiscal.
Finance cost in Q3 increased to Rs 59.34 crore, from Rs 28.12 crore in the year-ago period.