Mumbai, Aug. 13 -- Revenue from operations increased 11.05% quarter-on-quarter (QoQ) to Rs 1,356.97 crore in the June 2025 quarter.

On a year-on-year (YoY) basis, the company's net profit dropped 87.74%, while revenue increased 11.05% in Q1 FY26.

The company reported profit before tax (PBT) of Rs 2.94 crore, marking a turnaround from a loss before tax of Rs 22.35 crore on a QoQ basis. However, PBT declined 90.37% YoY.

Total expenses rose by 13.82% to Rs 1,367.40 crore in Q1 FY26, compared to Rs 1,201.29 crore in Q1 FY25. The increase was due to higher cost of materials consumed (up 14.64% YoY), higher employee benefits expenses (up 19.54% YoY) and higher other expenses (up 14.52% YoY).

EBITDA declined by 8.28% YoY to Rs 204.90 crore. ...