Mumbai, Nov. 3 -- The company reported a 10% year-on-year decline in consolidated revenue to Rs 5,468 crore from Rs 6,092 crore.

EBITDA declined 37% year on year to Rs 271 crore from Rs 430 crore. EBITDA margin contracted to 5% from 7.1% in Q2 FY26.

Profit before tax stood at Rs 41 crore in Q2 FY27, down 81% from Rs 213 crore in the year-ago quarter. PBT margin declined to 0.7% from 3.5% in Q2 FY26.

Interest costs increased 11% year on year to Rs 191 crore from Rs 171 crore. Depreciation stood at Rs 53 crore compared with Rs 51 crore, while other income increased to Rs 13 crore from Rs 5 crore.

The Transmission and Distribution (T&D) business reported revenue of Rs 3,686 crore, down 10% year on year. Revenue from KEC's T&D business de...