Mumbai, April 17 -- Revenue from operations (excluding excise duty) jumped 31.09% YoY to Rs 457.06 crore in the quarter ended 31 March 2026.

Total expenses rose 37.18% YoY to Rs 544.34 crore in Q4 FY26, compared with Rs 396.79 crore in Q4 FY25. Cost of materials consumed stood at Rs 137.38 crore (down 31.91% YoY), while employee benefits expense increased 16.16% YoY to Rs 37.66 crore during the period under review.

Profit before tax rallied 130.60% YoY to Rs 154.55 crore in Q4 FY26, as against Rs 67.02 crore in the year-ago period.

EBITDA jumped 197.14% to Rs 208 crore in Q4 FY26 from Rs 70 crore in Q4 FY25. EBITDA margin improved to 30.3% in Q4 FY26, compared with 15.3% in Q4 FY25.

Piyush Srivastava, managing director (MD), said, "In...