Mumbai, Aug. 6 -- However, revenue from operations declined 4.80% YoY to Rs 3,908.75 crore in the quarter ended 30 June 2025.

Profit before tax (PBT) stood at Rs 410.99 crore in Q1 FY26, up 37.20% from Rs 299.54 crore reported in the same period a year ago.

Total expenses fell 4.39% YoY to Rs 3,544.17 crore in Q1 FY26. Cost of material consumed stood at Rs 1,716.96 crore (up 2.13% YoY), finance cost was at Rs 82.22 crore (down 33.53% YoY), Employee benefits expenses stood at Rs 513.67 crore (up 2.99% YoY) during the period under review.

Segment-wise, revenue from forgings rose 5.33% to Rs 3,557.97 crore, while the defence segment saw a sharp 58.79% drop to Rs 264.40 crore. The "Other" segment revenue jumped 31.16% to Rs 279.04 crore. ...