Total income for the quarter was higher at Rs 42 crore compared with Rs 43.3 crore in the quarter ended March 31, 2015, the company said in a release.
The board of directors has recommended a final dividend @50% i.e., Re 1/- per equity share of Rs 2/- each for the year ended March 31, 2016, the release added.
The stock opened at Rs 122 and touched a high of Rs 123. At 12:15pm, over 1.1 million shares were traded on both the stock exchanges.