Mumbai, Nov. 13 -- Profit before tax stood at Rs 78.06 crore in the September 2025 quarter, registering a 23.9% increase on a YoY basis.

EBITDA (excluding other income) jumped 32.61% to Rs 36.6 crore in Q2 FY26 from Rs 27.6 crore in Q2 FY25. EBITDA margin reduced to 24.6% in Q2 FY26 as against 12% in Q2 FY25.

Total expenses tumbled 43.74% to Rs 116.93 crore during the quarter from Rs 207.84 crore in Q2 FY25. The cost of materials consumed stood at Rs 51.41 crore (up 28.27% YoY), while employee benefits expenses were Rs 16.61 crore (up 9.42% YoY) during the period under review.

On the segmental front, real estate revenue was Rs 86.42 crore (down 44.15% YoY), and EPC revenue was Rs 63.09 crore (down 16.89% YoY).

The company reported col...