Mumbai, Nov. 10 -- Consolidated revenue from operations came in at Rs 4,814 crore, up 13% year-on-year and 9% sequentially. The growth was driven by multiple segments led by switches, lighting, casting & seating business.

EBITDA rose 14% YoY to Rs 552 crore compared with Rs 482 crore last year and 16% sequentially, while the EBITDA margin improved by 10 basis points YoY to 11.46% and by 73 bps QoQ.

Profit before tax increased 20% YoY and 22% sequentially to Rs 346 crore, while profit after tax (PAT) grew 27% YoY and 27% QoQ to Rs 304 crore, compared with Rs 239 crore in Q2 FY25 (excluding exceptional income) and Rs 239 crore in Q1 FY26. The PAT margin expanded 26 bps YoY and 63 bps sequentially to 5.39%.

Ravi Mehra, managing director, ...