Mumbai, Feb. 7 -- However, revenue from operations rose 8.6% YoY to Rs 1,147.64 crore in the quarter ended 31 December 2024.

Profit before tax for the December quarter was at Rs 241.86 crore, down 28.9% from Rs 340.04 crore reported in the same quarter last year.

Total expenses jumped 23.05% YoY to Rs 952.56 crore during the quarter. The cost of materials consumed was at Rs 513.10 crore (up 14.06% YoY), while employee benefits expenses stood at Rs 103.16 crore (up 10.41% YoY) during the period under review.

On the segmental front, revenue from ship building stood at Rs 647.40 crore (down 14% YoY), while revenue from ship repair stood at Rs 500.24 crore (up 64.93% YoY) during the quarter.

On nine-month basis, the company's consolidated...