Mumbai, June 1 -- The company's standalone net profit declined 4.21% YoY and 9.85% QoQ to Rs 64.81 crore in Q4 FY26.

Revenue from operations stood at Rs 299.63 crore in the March 2026 quarter, down 7.05% YoY and 34.22% QoQ.

PBT stood at Rs 87.89 crore in Q4 FY26, down 7.57% vs Q3 and 2.53% vs Q4 FY25.

On the cost front, total expenditure declined 3.47% YoY to Rs 230.60 crore. Raw material costs fell 4.53% to Rs 172.88 crore, while employee expenses increased 13.85% to Rs 31.16 crore. Interest expenses dropped 75% to Rs 0.18 crore and depreciation expenses edged up 1.72% to Rs 4.14 crore.

For the full year ended 31 March 2026, revenue from operations increased 4.20% to Rs 1,392.37 crore from Rs 1,336.29 crore in FY25. Profit before tax...