shares witnessed a sharp rally, jumping as much as 11.79% intraday after the company announced its Q3 results on January 13. The stock eventually closed around 9% higher at ₹158, reflecting a strong market response to the earnings performance. Revenue reported a 9% quarter-on-quarter growth, supported by improved operational metrics. EBITDA rose sharply to ₹2,784 crore compared to ₹1,489 crore in the previous quarter, while EBITDA margins expanded by nearly 500 basis points to 11.3%. Net profit surged over four times to ₹1,445 crore, primarily aided by stronger refining margins and enhanced operational efficiency across key segments.
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