Mumbai, Jan. 31 -- On a sequential basis, profit increased 12.6% from Rs 305 crore in Q2 FY26.

Gross sales value for the quarter stood at Rs 4,737 crore, marking a 19.7% YoY increase and a 19.2% rise over the Q2 FY26 quarter. Net revenue rose 15.1% YoY to Rs 1,829 crore, compared with Rs 1,589 crore a year ago. Sequentially, net revenue jumped 41.9% from Rs 1,289 crore in Q2 FY26.

EBITDA from operations came in at Rs 380 crore, up 5.3% YoY from Rs 361 crore in Q3 FY25. On a quarter-on-quarter basis, EBITDA increased 21.0% from Rs 314 crore. EBITDA margin stood at 8.0% in Q3 FY26, lower than 9.1% in the year-ago quarter and broadly unchanged from 7.9% in Q2 FY26.

Cost of goods sold increased 16.6% YoY and 61.6% QoQ to Rs 1,115 crore, re...