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Operating profit, however, declined by 4.9 percent, falling from Rs. 41 crore to Rs. 39 crore. Profit before tax witnessed a steep drop of 84.0 percent, sliding from Rs. 237 crore to Rs. 38 crore. Net profit also contracted sharply by 82.4 percent, reducing from Rs. 165 crore to Rs. 29 crore on a quarter-on-quarter basis.