The company's Q3 net profit was down 88.43 percent at Rs 9.97 crore against Rs 86.19 crore in the same quarter last year. Revenue of the company was up 15 percent at Rs 2,123 crore.
The operating profit was down 16 percent at Rs 212 crore and margin was down 370 bps at 10 percent.
The board at its meeting held on February 12 approved raising of funds for an amount upto Rs 1,000 crore.
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