The company booked a gain of INR 2.23bn ($36.5m) in the three months to the end of June, down from INR 2.45bn a year ago.
Deepan Sankara Narayanan, analyst of IDBI Capital, says the results were better than expected, helped by cost cuts.
Total income from operations increased by a tenth to INR 8.08bn while revenue reached INR 9.06bn, marking a slight fall of 1.3%.
GE’s
