Mumbai, Aug. 2 -- Revenue from operations increased 5.60% year on year to Rs 2,294 crore in Q1 FY26.

During the quarter, profit before tax stood at Rs 89.67 crore, up 69.28% from Rs 52.97 crore posted in the same quarter last year.

EBITDA stood at Rs 149 crore in Q1 FY26, up 53.60% compared with Rs 97 crore in Q4 FY24. EBITDA margin expanded to 6.5% in Q1 FY26 as against 4.5% in Q1 FY25.

Revenue from the express parcel business rose 10% year-on-year to Rs 1,403 crore in Q1 FY26, up from Rs 1,276 crore in Q1 FY25. Shipment volumes also saw a strong 14% YoY growth, reaching 208 million in Q1 FY26 compared to 183 million in the same period last year. The company noted that this growth momentum has continued into Q2.

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