Mumbai, May 9 -- Profit before tax (PBT) for the quarter stood at Rs 250.61 crore, up 36.52% from the same period last year. Earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 35% to Rs 399.4 crore. The EBITDA margin remained flat at 6.5% compared with the year-ago period.

The company's India operations reported a PAT of Rs 185.4 crore, reflecting a 41% growth from Rs 131.3 crore in Q4 FY24.

Revenue from Middle East operations rose over 26% YoY to Rs 784.5 crore, compared with Rs 622.7 crore in the corresponding quarter of the previous year.

The e-commerce subsidiary, Candere, reported revenue of Rs 28 crore and a net loss of Rs 12 crore for the March 2025 quarter.

Ramesh Kalyanaraman, executive direct...