This is against a net profit of Rs 38.4 crore in the July-September 2017 quarter
The company had clocked a net profit of Rs 234.63 crore during the same quarter a year ago
The company had posted a net profit of Rs 36.37 crore in the July-September quarter a year ago.
Net income rose to Rs 1,918.50 crore during the June-September quarter of the current fiscal from Rs 1,613.09 crore a year ago.
Its net profit was at Rs 60.37 crore in the corresponding July-September period of 2017-18.
The PSU major had reported a net profit of Rs 370.4 crore in the July-September quarter of 2017-18.
The company had posted a consolidated profit after tax of Rs 518.02 crore in the same quarter last fiscal.
The company had posted a net loss of Rs 24.44 crore for the corresponding period of the previous fiscal.
Its net profit stood at Rs 36.13 crore in the year-ago period, the company said in a regulatory filing.
Net profit in July-September at Rs 862.01 crore, or Rs 7.59 per share, was higher than Rs 645.97 crore, or Rs 5.69 a share, net profit in the same period last year, the company said in a statement.
The company had incurred a loss of Rs 72.68 crore during the same quarter a year ago, Usha Martin (UML) said in a statement.
The earnings before interest, taxes, depreciation and amortization was reported at Rs 986.3 crore for the September quarter.
Its total income rose 17.47 percent to Rs 795.46 crore in the quarter under review, as against Rs 677.11 crore in the same period previous fiscal.