Mumbai, July 18 -- The revenue growth was driven by a strong performance in both the OEM (Original Equipment Manufacturer) and replacement segments.

The company reported profit before exceptional items and tax of Rs 159.04 crore in Q1 FY26, compared to Rs 195.41 crore recorded in the same period a year ago. The firm reported exceptional items of Rs 3.29 crore during the quarter.

EBITDA for Q1 FY26 marginally declined 0.5% to Rs 386.2 crore, compared to Rs 388.2 crore in Q1 FY25. EBITDA margin reduced to 10.9% during the quarter as against 12.2% in the same quarter the previous year, primarily due to an increase in raw material (RM) costs.

On the margins front, the company's operating margin reduced to 10.94% in Q1 FY26, compared with 1...