Mumbai, Oct. 20 -- Revenue from operations declined 28.42% year on year to Rs 55.41 crore in Q2 FY26.

Profit before tax (PBT) stood at Rs 6.21 crore in Q2 FY26, down 80.28% compared to Rs 31.50 crore reported in xQ2 FY25.

Total expenses increased 7.97% YoY to Rs 50.11 crore in Q2 FY26. The cost of material consumed stood at Rs 20.56 crore (down 20.21% YoY), employee benefit expense stood at Rs 12.53 crore (down 22.07% YoY) during the period under review.

On a segmental revenue basis, revenue from communications and signal processing products stood at Rs 56.03 crore, registering a year-on-year decline of 27.92%. Revenue from the healthcare segment was Rs 0.29 crore, reflecting a 81.24% YoY jump during the quarter.

On a half year basis,...