Mumbai, Nov. 3 -- Profit before tax stood at Rs 18.52 crore for the quarter ended 30 September 2025, marking a year-on-year decline of 42.71%.

Total expenses shed 7.83% YoY to Rs 312.22 crore in Q2 FY26. The cost of material consumed was at Rs 179 crore (down 20.57% YoY) and employee benefits expenses stood at Rs 24.13 crore (up 2.46% YoY) during the period under review.

Operating EBITDA slipped 26% to Rs 22 crore in Q2 FY26 as against Rs 31 crore posted in Q1 FY25. Operating EBITDA margin slipped to 7.1% in Q2 FY25, compared with 9.1% reported in the same period last year.

On a hafl year basis, the company's consolidated net profit tanked 57.53% to Rs 29.38 crore on 10.62% decrease in revenue from operations to Rs 656.78 crore in H1 F...