The hair oil maker's consolidated net profit rose to 5.15 billion Indian rupees ($61.89 million) for the quarter ended Sept. 30 from 4.9 billion rupees a year earlier.

Analysts, on average, expected a profit of 5.13 billion rupees, according to LSEG data.

($1 = 83.2170 Indian rupees)

(Reporting by Praveen Paramasivam in Chennai; Editing by Sonia Cheema)