Mumbai, Feb. 13 -- The growth was led by lower coal offtake as power demand moderated amidst a prolonged spell of monsoon and an increased share of renewables in power generation.

Profit before tax tanked 19.67% to Rs 9,472.61 crore in Q3 FY26, as against Rs 11,792.42 crore in Q3 FY25.

During the quarter, total expenses stood at Rs 28,132 crore in Q3 FY26, up 3.12% from Rs 27,280.39 crore posted in Q3 FY25. The cost of material consumed was at Rs 2,805.34 crore in Q3 FY26, down 2.42% from Rs 2,874.79 crore posted in Q3 FY25. While employee benefits expenses stood at Rs 13,719.77 crore (up 26.4% YoY), finance costs stood at Rs 320.73 crore (up 42.21% YoY) during the quarter.

The company reported production of 200.05 million tonnes (MT) ...