Growth in this quarter was led by brand and retail, textiles and then realty, in that order. Brand and retail showed a 21% (YoY) rise in revenue though EBIT was flat. Textiles revenue rose 10% and its EBIT rose 15%. Real estate which contributes less than 2% to total revenue showed the best growth – 164% jump in revenue and a whopping 58 times growth in EBIT.

The company thus ended Q3FY15 with a consolidated net profit at Rs.109 crore, up 7% on a 17% rise in net sales at Rs.2069 crore. EBITDA for the quarter came in at Rs.288 crore, up 16% though margins fell from 14.08% to 13.92%. The dip in margins can be attributed to the 16% rise in total expense. The company’s interest cost rose 27%. In the current Q4 quarter, the company hopes to maintain margins are current levels.