Mumbai, Feb. 7 -- However, revenue from operations increased 8.53% year on year (YoY) to Rs 7,978.52 crore in the quarter ended 31 December 2024.

Profit before tax for third quarter of FY25 stood at Rs 1,199.85 crore, down by 4.96% from Rs 1,262.42 crore in Q3 FY24.

Total expenses increased by 11.01% YoY to Rs 6,937.55 crore in the December 2024 quarter. Cost of materials consumed was at Rs 2,728.74 crore (up 1.99% YoY) while employee benefits expenses stood at Rs 1,131.55 crore (up 14.33% YoY) during the period under review.

EBITDA before forex and other income rose 1.7% YoY to Rs 1,628 crore in Q3 of FY25. EBITDA margin reduced by 138 bps on YoY basis to 20.4% in the quarter ended December 2024.

In the fourth quarter, US formulation...