Mumbai, Nov. 8 -- The company's revenue from operations surged to Rs 4,254.04 crore in Q2 FY27 from Rs 405.35 crore in Q2 FY26. The sharp increase in revenue was driven by the acquisition of the Molycop Group, which was completed on 1 June 2026.
Total expenses increased 1,058.4% to Rs 4,225.38 crore in Q2 FY27 from Rs 364.77 crore in Q2 FY26. The cost of materials consumed surged 1,466.9% YoY to Rs 2,413.86 crore, while employee benefit expenses rose 452.1% to Rs 386.51 crore. Finance costs increased to Rs 291.90 crore from Rs 5.78 crore. Depreciation and amortisation expenses stood at Rs 168.58 crore as against Rs 22.84 crore, while other expenses increased to Rs 797.50 crore from Rs 98.77 crore.
Tega Industries, in partnership with Apol...