Mumbai, March 9 -- Revenue from operations fell 30.23% YoY to Rs 222.34 crore in Q3 FY26.

The company reported loss before exceptional item of Rs 109.22 crore during the quarter ended 31st December 2025 compared with loss before exceptional items of Rs 97 crore posted in corresponding quarter last year.

Exceptional loss stood at Rs 93.70 during the quarter. This includes one-off establishment cost of Rs 7.93 crore, impairment of assets related to a discontinued brand of Rs 46.47 crore, impairment allowance on property, plant and equipment of Rs 27 crore, interest on indirect tax litigation of Rs 7.65 crore and impact of change in labour code amounting to Rs 4.65 crore.

The company reported negative EBITDA of Rs 64 crore in Q3 FY26, ref...