The company had reported a profit after tax of Rs 24.10 crore in the year-ago quarter, it said in a BSE filing.
Total income also shrank to Rs 3.23 crore during the quarter under review as against Rs 33.40 crore in the corresponding period a year ago, the company said.
Shares of the company were trading 1.35 per cent up at Rs 11.25 apiece on BSE.