Mumbai, Nov. 13 -- Profit before tax tumbled 43.22% to Rs 71.11 crore in Q2 FY26 as against Rs 125.23 crore recorded in Q2 FY25.

EBITDA declined 6.1% to Rs 206.23 crore in Q2 FY26 from Rs 219.52 crore in Q2 FY25. EBITDA margin reduced to 22.8% in Q2 FY26 as against 24.3% in Q2 FY25.

The company's total expenses rose 8.35% YoY to Rs 846.43 crore in Q2 FY26. The cost of materials consumed was at Rs 317.70 crore (down 39.73%), employee benefits expense stood at Rs 84.68 crore (up 12.07% YoY), while finance costs stood at Rs 108.11 crore (up 73.2% YoY) during the period under review.

On a half-year basis, the company's net profit tumbled 37.89% to Rs 151.1 crore on a 1.8% drop in revenue from operations to Rs 2,386.71 crore in H1 FY26 over...