The company's net profit stood at Rs 83.64 crore in the year-ago period, it said in a regulatory filing.
Total income declined to Rs 1,979.36 crore in the third quarter of the fiscal from Rs 2,488.17 crore in the corresponding period of the previous year.
The state-owned company had in December got approval from financial creditors to takeover debt-laden Jaypee Infratech Ltd, rekindling hopes of home buyers finally getting promised flats over the next four years. MJH RVK