Mumbai, Aug. 12 -- The company reported a 32.64% year-on-year drop in consolidated profit after tax (PAT) to Rs 81.10 crore for the quarter ended June 2025, hurt by weaker operating performance across segments.

Revenue from operations stood at Rs 1,361.2 crore, down 1.62% as against Rs 1,383.6 crore in the same quarter last year. Profit before tax (PBT) declined 32.7% to Rs 109.8 crore from Rs 163.3 crore a year earlier.

Earnings before interest, tax, depreciation and amortisation (EBITDA) fell 14.3% to Rs 194 crore, while EBITDA margin contracted to 14.3% from 16.4% in Q1 FY25.

In the plumbing business, revenue dropped 5.8% year-on-year to Rs 953.9 crore, with segment EBITDA down 13.8% to Rs 156.5 crore and margins narrowing to 16.4% ...