TACL reported a strong performance in Q3 FY26, with consolidated revenue of ₹220 crore, up 8% year-on-year. EBITDA for the quarter stood at ₹39.8 crore, translating into a robust margin of 18%, among the highest in the industry. The performance was driven by operational efficiencies, cost discipline, and an improved product mix. All divisions performed well during the quarter, except the Forgings division, which was temporarily impacted due to export-related factors. Performance in this segment has since improved and is expected to strengthen further from the next quarter. Exports for the nine months contributed 25% of the total revenue, reaffirming our growing global presence. It continues to be a key growth driver for us. We expect the revenue contribution from exports to grow further backed by the strong orderbook. TACL remains committed to transitioning from order acquisition to execution, ensuring that the Company continues to drive revenue and reinforce long-term growth prospects.