Its net profit stood at Rs 22.92 crore during the same quarter of 2014-15.
Total income for the quarter ended March 31 grew by 24.5 per cent to Rs 39.22 crore as against Rs 31.51 crore in the previous fiscal, the company said in a regulatory filing.
On yearly basis, net profit increased by 8.6 per cent to Rs 202.61 crore in 2015-16 from Rs 186.51 crore.
Total income during the fiscal increased to Rs 251.91 crore from Rs 230.95 crore in 2014-15, it added.
Shares of the company closed up by 0.58 per cent at Rs 528.30 apiece on BSE.
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