Mumbai, Jan. 29 -- Revenue from operations (excluding excise duty) declined 1.71% YoY to Rs 373.45 crore in the quarter ended 31 December 2025.

Total expenses rose 1.57% YoY to Rs 419.82 crore in Q3 FY26, compared with Rs 413.30 crore in Q3 FY25. Cost of materials consumed stood at Rs 212.07 crore (down 6.09% YoY), while employee benefits expense increased 2.41% YoY to Rs 36.43 crore during the period under review.

Profit before tax tumbled 51.04% YoY to Rs 81.09 crore in Q3 FY26, as against Rs 165.63 crore in the year-ago period.

EBITDA jumped 26.47% to Rs 86 crore in Q3 FY26 from Rs 68 crore in Q3 FY25. EBITDA margin improved to 23% in Q3 FY26, compared with 18.7% in Q3 FY25.

On a nine-month basis, the company's standalone net profi...