Mumbai, Nov. 2 -- Sequentially, net profit rose 24.53% from Rs 157.94 crore in Q1 FY27.

Consolidated net sales declined 10.54% year on year to Rs 824.20 crore from Rs 921.29 crore. However, revenue increased 0.53% quarter on quarter from Rs 819.84 crore in Q1 FY27.

Profit before tax stood at Rs 248.87 crore in Q2 FY27, up 26.44% vs previous quarter and 106.79% vs year-ago quarter.

Total expenditure declined 18.47% year on year to Rs 661.75 crore from Rs 811.68 crore. Employee expenses increased 5.32% to Rs 280.70 crore, while interest costs declined 54.55% to Rs 0.25 crore. Depreciation and amortisation increased 2.57% to Rs 10.39 crore.

Other income increased 78.33% year on year to Rs 65.75 crore from Rs 36.87 crore.

Consolidated ne...