Mumbai, Nov. 11 -- Revenue from operations soared 9.31% YoY to Rs 4,031.92 crore in the quarter ended 30 September 2025.

Profit before tax (PBT) stood at Rs 456.83 crore in Q2 FY26, up 18.60% from Rs 385.17 crore reported in the same period a year ago.

Total expenses rose 7.81% YoY to Rs 3,627.24 crore in Q2 FY26. The cost of material consumed stood at Rs 1,947.37 crore (up 15.59% YoY), finance cost was at Rs 80.08 crore (down 27.07% YoY), employee benefits expenses stood at Rs 520.57 crore (up 11.41% YoY) during the period under review.

Segment-wise, revenue from forgings rose 8.71% to Rs 3,355.53 crore, while the defence segment saw a sharp 99.22% drop to Rs 394.51 crore. The "Other" segment revenue surged 151.30% to Rs 587.76 crore....