The first quarter of FY '26 has been marked by strong operational execution, translating into robust financial delivery. Our total income stood at Rs 24,084 million, broadly flat year-on-year, but registering a sharp 99% increase sequentially. EBITDA came in at Rs 8,087 million, up 12% year-on-year and an impressive 188% quarter-on-quarter. EBITDA margins expanded to 33.6%, reflecting both better iron ore realization and operational efficiencies. Profit after tax stood at Rs 6,346 million, up 14% year-on-year and over 3x higher quarter-on-quarter, with PAT margins of 26.35%.

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