Mumbai, Nov. 10 -- Profit before tax in Q2 FY26 stood at Rs 24.46 crore, up by 36.17% from Rs 17.96 crore in Q2 FY25.

Total expenditure for the period under review added up to Rs 107.74 crore, up 22.0% YoY. This was primarily due to sharp uptick in raw material costs (up 75.0% YoY), other expenses (up 25.2% YoY) and employee expenses (up 16.7% YoY).

In a separate announcement, Sirca Paints India stated that it has signed an irrevocable agreement with Sirca S.p.A., Italy, pertaining to distribution, manufacturing, and use of the 'Sirca' brand has been extended until the year 2041.

Under this extended arrangement, Sirca Italy will transfer the technical know-how to the Company for the manufacturing of high-quality, high-technology acryli...