Mumbai, May 4 -- Profit before exceptional items and tax fell 2.31% to Rs 932.97 crore in Q4 FY26 compared with Rs 955.03 crore in Q4 FY25. The company reported exceptional items of Rs 182.42 crore during the quarter.

However, EBITDA jumped 24.8% to Rs 1,111 crore in Q4 FY26, compared with Rs 890 crore in Q4 FY25. Stainless steel sales volume remained largely stable at 6,41,743 metric tonnes (MT), marginally lower than 6,42,641 MT a year ago.

Domestic operations continued to anchor performance, contributing 95% of total revenue, supported by strong demand across sectors including automotive, pipes and tubes, metros, lifts, and elevators, and white goods.

Exports accounted for around 7% of total revenue, with the company navigating a ch...