Mumbai, Nov. 12 -- Revenue from operations fell 21.38% year-on-year (YoY) to Rs 1,058.09 crore in the quarter ended 30 September 2025.

Profit before tax from continuing operations declined 5.82% to Rs 98.14 crore in Q2 FY26 as against Rs 104.21 crore posted in Q2 FY25.

On the expenses front, the company's total expenses amounted to Rs 1,174.96 crore (down 93.19% YoY), employee expenses stood at Rs 50.34 crore (up 17.20% YoY) and other expenses were Rs 37.56 crore (up 23.71% YoY).

During the quarter, the company reported an EBITDA of Rs 132 crore, reflecting a margin of 10.5%. Its order book stood at Rs 6,367 crore as of 30 September 2025.

Commenting on the company's performance, Indrajit Mookerjee, vice chairman & executive director o...