The company had posted a consolidated net profit of Rs 76.81 crore in the same period last year.
Its consolidated Net sales declined to Rs 1,114.99 crore in the period as against Rs 1,150.17 crore, the Tata Group firm said in a statement.
Revenue from the electro-mechanical projects and services declined to Rs 643 crore from Rs 797 crore in the same quarter last year.
However, earning from engineering products and services increased to Rs 148 crore as against Rs 133 crore, while those from unitary cooling products for comfort and commercial rose to Rs 347 crore from Rs 239 crore.
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