Mumbai, Oct. 28 -- The company reported pre-tax loss of Rs 148.28 crore in Q2 FY26 compared with pre-tax profit of Rs 68.20 crore in Q2 FY25.

EBITDA stood at Rs 79 crore, up 3% from Rs 77 crore posted in corresponding quarter last year. EBITDA margin fell to 14.1% in Q2 FY26 as against 15.1% in Q2 FY25.

The company said that its performance was driven by the aerospace & defence and precision technology & auto components segments, reflecting a major positive shift in the Indian supply chain. Indian suppliers are successfully moving up the value chain from simple assemblies to producing highly complex precision machined components and subsystems, leading to a surge in order intake for both Tier-1 and Tier-2 vendors for export business.

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