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The newly commissioned corridors include the Mainpuri to Bara transmission line spanning 380 circuit kilometres and the Mainpuri to Unnao transmission line covering 194 circuit kilometres.

Earnings before interest and tax fell sharply to ₹59.6 crore in Q3 FY26 from ₹116.3 crore in the preceding quarter

On a sequential basis, revenue grew 10.2% from ₹4,292.34 crore, reflecting higher realisations and better volumes during the quarter.

While large scale changes in tax rates are unlikely, the markets will look at some smart tweaking of tax rates

Capital expenditure during the quarter amounted to ₹2,076 crore, primarily directed towards ongoing expansion projects at the Angul facility.

On a sequential basis, revenue increased 7.5% over Q2 FY26, translating into an incremental revenue addition of ₹127 crore during the quarter

The company posted a consolidated net profit of ₹343.3 crore for the quarter, reflecting a year on year increase of 8.7 percent

Revenue from operations for the quarter rose 21.2% year on year to ₹15,378.24 crore, compared with ₹12,688.96 crore in Q3 FY25.

Revenue from North America increased 24% year on year to ₹970.6 crore, including income from the out licensing of ISB 2001.

The fall in fiscal deficit in December 2025 was more due to front-loading of advance tax receipts