Mumbai, Jan. 29 -- Revenue growth was supported by strong performance in the domestic business.

Profit before tax stood at Rs 288.08 crore in the quarter ended 31 December 2025, up 20.80% as against Rs 238.47 crore recorded in the same quarter last year.

EBITDA (post open-period forex) rose 20.4% year-on-year in Q3 FY26, driven by an improved product mix, with EBITDA margin post forex at 8.8%.

Following the enactment of the new labour code, the company has made a provision of Rs 25 crore towards past service cost on gratuity and compensated absences payable to employees, based on best available estimates. The amount has been classified under exceptional items.

On segmental front, the company's conductor business posted robust growth, ...