Mumbai, July 24 -- Revenue from operations declined 23.74% YoY to Rs 107.53 crore for the quarter ended 30 June 2025.
Profit before tax (PBT) dropped 78.84% YoY to Rs 9.93 crore in Q1 FY26, down from Rs 46.95 crore reported in the same quarter last year.
Total expenses decreased 19.59% YoY to Rs 99 crore during the quarter. The cost of materials consumed stood at Rs 59.94 crore, down 20.20% YoY. Employee benefit expenses rose 3.66% YoY to Rs 20.37 crore, while finance costs increased 27.72% YoY to Rs 1.29 crore.
EBITDA fell 36.36% YoY to Rs 14 crore during the quarter, and the EBITDA margin contracted to 12.6%, compared to 15.5% in Q1 FY25.
Bajaj Steel manufactures cotton processing machinery, equipment and their spare parts, PEBs, elec...