Its net profit stood at Rs 98.42 crore in the same period last year, the company said in a regulatory filing.
Total income fell marginally to Rs 716.55 crore in the said quarter from Rs 717.14 crore in the year-ago period.
Expenses, however, remained lower at Rs 559.71 crore as against Rs 592.24 crore in the year-ago period.
Shares of the company fell 2.75 per cent to close at Rs 640.05 apiece on BSE today.
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