The company had posted a net profit of Rs 306.21 crore in the year-ago quarter, CONCOR said in a BSE filing.
However, its total income decreased to Rs 1,617.15 crore during the quarter under review from Rs 1,663.55 crore in the corresponding quarter of 2015-16.
The firm's total expenses were at Rs 1,153.84 crore in the January-March quarter, down 5 per cent, from Rs 1,218.06 crore in the year-ago period.
Shares of the company were trading 4.14 per cent up at Rs 1,206.05 on BSE.
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