Mumbai, Jan. 21 -- During the quarter, profit before tax (PBT) climbed 116.36% to Rs 26.70 crore, compared with Rs 12.34 crore in Q3 FY25.

Total expenses jumped 33.39% to Rs 275.36 crore in Q3 FY26, compared with Rs 206.43 crore in Q3 FY25. The cost of material consumed stood at Rs 175.07 crore (up 23% YoY), employee benefit expenses were Rs 13.85 crore (down 18.78% YoY) and finance costs stood at Rs 7.23 crore (down 8.13% YoY) during the period under review.

Meanwhile, the board of directors, at its meeting held on Wednesday, 21 January 2026, approved the reappointment of Yashovardhan Chordia as chief executive officer & deputy managing director of the company, liable to retire by rotation, for a period of three years with effect from ...