Mumbai, Feb. 6 -- Total expenditure for the period under review was Rs 3,931.93 crore, up by 19% YoY. Raw material costs rose by 22.8% YoY, employee expenses increased by 24% YoY, finance costs were higher by 65.2% YoY and other expenses rose by 13.9% YoY in the December'24 quarter.

Profit before tax in Q3 FY25 stood at Rs 300.99 crore, up by 11.5% from Rs 270.02 crore in Q3 FY24.

The company's board has granted its in-principle approval for issuance of listed, non-convertible debentures (NCDs/debentures) upto Rs 500 crore, in one or more tranches/issuances. The funds so raised would be used to meet fund requirement for capex and investments in subsidiaries, joint ventures and associate companies of the company.

The board has approved...