The company had made profits of Rs 119.1 crore during the similar July-September quarter in the previous fiscal.
"Total income has decreased from Rs 842.41 crore for the quarter ended September 30, 2013 to Rs 699.11 crore for the quarter ended September 30, 2014," it said in a filing to the BSE.
On standalone basis, company's net profit fell by 35.5 per cent to Rs 77.03 crore, from Rs 119.48 crore year ago.
"Total income (standalone) has decreased from Rs 842.15 crore for the quarter ended September 30, 2013 to Rs 698.74 crore for the quarter ended September 30, 2014.