The company reported total insurance premiums of ₹6,616 crore, marking a 36% growth over last year.
The Bengaluru residential asset contributed ₹439 crore in revenue during the quarter.
Revenue for the quarter inched up 3.2% to ₹809 crore. This is reflecting a steady performance in the company’s bearings and mechanical power transmission businesses.
Net profit for the quarter stood at ₹1,205 crore, up from ₹1,101 crore a year earlier, reflecting stable demand trends and operational efficiency.
Equity fund short term returns came under pressure in July 2025, but things looked much better for debt funds
Margins also improved notably, with EBITDA margin expanding to 20.5% from 19.1% in Q1FY25.
The company posted a 42.4% year-on-year jump in consolidated net profit at ₹743 crore.
On the operational front, the company posted EBITDA of ₹12,521 crore. This is reflecting a 12.7% decline from ₹14,338 crore last year.
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The EBITDA margin expanded to 10.5% from 6.5% in the corresponding quarter last year.
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