The company's profit rose 34.4% to 9.96 billion rupees ($120 million) in the three months to Dec. 31, beating analyst estimates of 9.89 billion rupees, as per LSEG data.

($1 = 83.0091 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; Editing by Sohini Goswami)