Mumbai, Oct. 28 -- The company said revenue was impacted by deferment of purchases by channel partners and customers since the announcement of GST rate rationalization. Further, disruption in one of the largest warehouses in July 2025 also had temporary business impact.

The quarterly results also included a one-time exceptional expense of around Rs 8.3 crore towards VRS in one factory - consistent with the long-term strategy towards building capability, agility and efficiency in supply chain.

EBIDTA for the quarter stood at Rs 166.4 crore, recording the de-growth of 13.24% compared with Rs 191.8 crore posted in Q2FY25, primarily due to lower gross margin led by higher markdown (inventory clearance pre-festive) and higher marketing inves...