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Profit fell to 3.47 billion rupees ($54.27 million) in its first quarter ended June 30, from 4.39 billion rupees a year earlier, the company said on Thursday (http://bit.ly/2ftV2wI).
Net sales outside India rose 25.5 percent to 113.70 billion rupees, while total expenses were up 26 percent.
Analysts had on average expected the company to post a profit of 4.76 billion rupees, according to Thomson Reuters data.
($1 = 63.9375 Indian rupees)
(Reporting by Vishal Sridhar in Bengaluru)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)