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Exports Fuel Strong Quarter PAT at Rs 129 Cr in Q2 FY27, +93.1% YoY; includes Rs 7.35 Cr exceptional loss on fraud in subsidiary (Rs 10.70 Cr gross less Rs 3.35 Cr recovered). Revenue at Rs 2,391 Cr in Q2 FY27, +61.0% YoY. EBITDA at Rs 204 Cr, +89.3% YoY. EBITDA margin at 8.5% vs 7.3%. Board approved raising up to Rs 1,800 Cr via QIP/other modes subject to shareholder approval at EOGM on 18 Nov 2026. Starmangalsutra fraud involved deep-fake compromise, cyber police complaint filed. Completed 100% acquisition of Purvi Gems on 7 Oct 2026. Statutory auditor issued unmodified conclusion.