Mumbai, Feb. 12 -- However, revenue from operations grew 4.9% year on year to Rs 24,489.63 crore in the quarter ended 31 December 2024.

During the quarter, profit before exceptional items and tax stood at Rs 289.50 crore, down 24.67%, compared with Rs 384.29 crore in Q3 FY24. The steelmaking company reported an exceptional profit of Rs 28.53 crore in the same quarter of the previous fiscal.

Total expenses rose 6.16% year on year to Rs 24,564.44 crore during the quarter. Cost of material consumed stood at Rs 11,785.47 crore (down 14.23% YoY), employee benefit expenses were at Rs 2,720.52 crore (down 7.41% YoY), and finance cost was at Rs 679.48 crore (up 10.69% YoY) during the period under review.

EBITDA stood at Rs 2,389 crore in Q3 FY...