The company had posted a net profit of Rs 126.50 crore in the year-ago period.
Its total income for the period grew 10.91 per cent to Rs 1,343.93 crore from Rs 1,211.71 crore in the corresponding quarter last year, the company said in a BSE filing.
Shares of the company were trading 0.96 per cent lower at Rs 447 on BSE.