Mumbai, Nov. 13 -- Revenue from operations fell 46.04% year-on-year (YoY) to Rs 73.37 crore in the quarter ended 30 September 2025.

The company reported pre-tax loss of Rs 13.15 crore in Q2 FY26 as compared to profit before tax of Rs 12.08 crore reported in the same quarter last year.

Total expenses fell 30.28% YoY to Rs 87.03 crore during the quarter. The cost of materials consumed stood at Rs 9.36 crore (down 34.86% YoY), while employee benefit expenses rose 59.53% YoY to Rs 7.53 crore during the period under review.

On a half-yearly basis, the company reported a consolidated net loss of Rs 6.55 crore in H1 FY26, compared with a net profit of Rs 17.03 crore in H1 FY25. Revenue from operations declined 36.65% YoY to Rs 155.87 crore in...