Mumbai, Feb. 16 -- Profit before exceptional item and tax increased 16.07% YoY to Rs 191.76 crore during the quarter. Exceptional items of Rs 271.68 crore were linked to labour code charges.

EBITDA climbed 24.8% YoY to Rs 222.5 crore during the quarter, supported by operating leverage, commercial actions, and effective cost management.

Value added revenue (VAR) rose 14.7% to Rs 1,194.1 crore in Q3 FY26, driven by increased volumes and new programs.

Segment-wise, revenue from Clean Air & Powertrain Solutions increased 5.4% YoY to Rs 564.4 crore while revenue from advanced ride technologies jumped 24.5% YoY to Rs 629.7 crore in Q3 FY26.

In Q3 FY26, the company's DaVinci DCx advanced suspension system was selected by a leading Indian OEM...