Mumbai, Aug. 7 -- Profit before tax (PBT) fell 45.58% YoY to Rs 85.83 crore in Q1 FY26.

Total expenses jumped 9.58% to Rs 1,160.15 crore in Q1 FY26 compared with Rs 1,058.69 crore in Q1 FY25. Cost of material consumed stood at Rs 461.60 crore (up 22.81% YoY), employee benefit expenses was at Rs 237.98 crore (up 15.76% YoY), finance cost stood at Rs 3.49 crore (up 5.44% YoY) during the period under review.

Consolidated sales for the ceramics business rose 11.1% YoY to Rs 300 crore in Q1 FY26. Electro Minerals recorded consolidated sales of Rs 405 crore, reflecting a 6.3% year-on-year increase. In contrast, the abrasives segment saw an 8% decline in consolidated sales, totaling Rs 508 crore.

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