Mumbai, Feb. 16 -- Deliveries stood at 32,680 units in Q3 FY26, down 61.1% YoY from 84,029 units and down 37.9% QoQ from 52,666 units. Premium deliveries fell 79.3% YoY to 6,065 units and declined 54.8% QoQ. Mass segment deliveries dropped 51.4% YoY and 32.2% QoQ to 26,612 units.

However, cells produced rose sharply to 72,418 units, up 90.2% QoQ from 38,080 units.

On a consolidated basis, revenue from operations stood at Rs 470 crore, declining 55.0% YoY from Rs 1,045 crore and 31.9% QoQ from Rs 690 crore. Automotive and cell sales dropped 53.1% YoY and 35.5% QoQ to Rs 433 crore. Production-linked incentive income declined 69.4% YoY, though increased 94.7% QoQ to Rs 37 crore.

Gross profit came in at Rs 161 crore, down 17.0% YoY and 24....