Mumbai, July 23 -- On a year-on-year (YoY) basis, the company reported a standalone net profit of Rs 0.22 crore in Q1 FY26 as against a net loss of Rs 0.49 crore in Q1 FY25. Revenue from operations jumped 79.18% year on year to Rs 44.74 crore in Q1 FY26.

The company reported a pre-tax profit of Rs 0.47 crore in Q1 FY26, compared with a pre-tax loss of Rs 0.69 crore recorded in the corresponding quarter last year.

Total expenses surged 72.2% YoY to Rs 44.29 crore in Q1 FY26. The cost of material consumed stood at Rs 12.66 (up 109.26% YoY), project execution expenses were at Rs 17.80 crore (up 79.62% YoY), employee benefit expenses were at Rs 4.84 (up 18.34% YoY), and finance cost stood at Rs 2.31 crore (down 8.33% YoY) during the period ...