The net sales for the reporting quarter stood at Rs 21,506 crore. This was up from Rs 17,555 croe in Q3FY25.
It should also be noted that the reported PAT is excluding the impact of New Labour Code.
“Pursuant to the implementation of the new Labour Code in the country with effect from 21st November, 2025, the Company has recognised Rs. 88 crores as an exceptional expense towards additional Gratuity and Leave Encashment obligations. PAT after this one-time cost stands at Rs. 1,725 crores,” the company said in its press release.
The Government of India, as part of its Labour reform, has codified Four Labour Codes through rationalization, consolidation and simplification of 29 Labour Legislations, introduced with the objective of improving ease of doing business and extending social security coverage to a wider workforce.
The company reported a strong operational performance in the third quarter of FY26, with EBITDA also rising 29% year-on-year to Rs 4,051 crore. This marks a significant improvement over the Rs 3,142 crore reported in Q3FY25.
On a sequential basis as well, EBITDA showed notable growth, rising from Rs 3,268 crore in Q2FY26.