Company posted a net profit of Rs 164.23 crore in Jan-Mar quarter a year ago
The stock dipped 9% to Rs 298 on BSE in intra-day trade on the back of heavy volumes
Profit beats estimate, but stock falls on profit-booking after announcement of results
However, shares of the company were trading 2.47% down at Rs 361.55 on BSE
Overall revenues up 26% in quarter, electro-mechanical projects revenue rises 36%