Mumbai, Oct. 20 -- Net profit dropped 31.29% quarter-on-quarter (QoQ) to Rs 68.98 crore in Q2 FY26 from Rs 99 crore in Q1 FY26, and was down 3.89% year-on-year (YoY) compared with Rs 72 crore in Q2 FY25.

Revenue from operations rose 3.65% QoQ to Rs 651.14 crore in Q2 FY26 and increased 11.22% YoY from Rs 585 crore a year ago.

Profit before tax (PBT) came in at Rs 91.12 crore in Q2 FY26, falling 30.35% sequentially from Rs 130.82 crore and down 3.32% YoY from Rs 94.25 crore in Q2 FY25.

EBITDA (approximated by operating profit before depreciation and finance cost) stood at Rs 171 crore in Q2 FY26, up 10.1% compared to Rs 155 crore in Q2 FY25. EBITDA margin was around 26.2% versus 26.5% in Q2 FY25.

Total expenditure increased 14.25% YoY ...