shares declined over 4%, reacting to a weak Q3 performance announced today. Net profit fell sharply by 45.3% year-on-year to ₹108.9 crore, compared with ₹199 crore in the same quarter last year, reflecting pressure on profitability. Revenue saw a modest rise of 1.5% to ₹953.5 crore versus ₹939.2 crore, indicating muted growth momentum. The earnings were further impacted by an exceptional loss of ₹95.7 crore, compared to nil in the corresponding period last year. The combination of subdued revenue growth, sharp profit contraction, and one-time losses weighed on investor sentiment, leading to visible pressure on the stock during the trading session.
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