The net profit of the Nagpur-based firm was at Rs 101 crore a year ago.
Sales of the company declined to Rs 228 crore during the quarter from Rs 240 crore during the October-December quarter of the last fiscal, it said in BSE filing.
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Expenses stood at Rs 122 crore from Rs 137 crore a year ago, it added.
Shares of the company today settled at Rs 252.95 apiece, up 0.18% over the previous closing on the BSE.
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