Mumbai, Feb. 14 -- Revenue from operations fell 28.31% YoY to Rs 399.29 crore in Q3 FY24.

Profit before tax stood at Rs 82.18 crore in Q3 FY24, down 26.19% year on year.

Total expenses rose 3.81% to Rs 168.86 crore in Q3 FY24 as compared with Rs 457.36 crore posted in Q3 FY23. Cost of material consumed was at Rs 9.52 crore (up 91.55% YoY) while employee benefits expense was Rs 73.74 crore (down 8.73% YoY) and during the period under review.

On nine month basis, the company's consolidated net profit stood at Rs 170.98 crore in 9M FY24, up 4.79% from Rs 163.15 crore posted in 9M FY23. While revenue from operations was at Rs 1,151.63 crore in 9M FY24, increased 3.04% YoY.

On the production front, the growth momentum has been maintained. ...