Mumbai, Nov. 17 -- Total income jumped 12.47% year on year (YoY) to Rs 550 crore in the quarter ended 30 September 2025.

Loss before exceptional items and tax stood at Rs 18 crore in Q2 FY26, compared to a loss of Rs 19 crore reported in Q2 FY25. The company reported an exceptional item of Rs 15 crore in Q2 FY25.

Total expenses increased by 8.85% YoY to Rs 553 crore in Q2 FY26. Operating expenses were at Rs 383 crore (up 334% YoY), while employee expenses stood at Rs 53 crore (down 5.35% YoY) and finance costs came at Rs 15 crore (down 16.66% YoY) during the period under review.

The company reported EBITDA of Rs 62 crore in Q2 FY26, up 27% year-on-year from Rs 49 crore in Q2 FY25. The company's EBITDA margin improved to 12% from 10% in...