Mumbai, Feb. 3 -- The company posted a profit before exceptional items and tax of Rs 168.67 crore in Q3 FY26 versus Rs 126.24 crore a year ago; exceptional items of Rs 17.38 crore reflected a one-time impact from new labor code-related gratuity and leave provisions.

EBITDA advanced 27% to Rs 228 crore in Q3 FY26 from Rs 180 crore in Q3 FY25. EBITDA margin declined to 12.7% in Q3 FY26, which is an improvement of 77 bps over the previous quarter. Ongoing CAPEX expansion in tower and conductor capacities is expected to support medium-term growth, while the SAP RISE upgrade from SAP HANA, currently under implementation, is aimed at enhancing process integration, cost control, and operational visibility.

The company's unexecuted order book (...