Its net profit stood at Rs 30.50 crore in the same quarter of the previous financial year, the company said in a regulatory filing.
Net income declined to Rs 319.10 crore during the April-June quarter of the 2018-19 from Rs 345.62 crore in the year-ago period.
However, expenses remained lower at Rs 271.06 crore as against Rs 303.46 crore in the said period.
The company's scrip fell 0.58 per cent to Rs 776.40 a piece on the BSE today.
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