Mumbai, July 28 -- Revenue from operations was at Rs 783.68 crore in Q1 FY26, up 22.86% as against Rs 637.84 crore in Q1 FY25.

The company reported a pre-tax loss of Rs 32.96 crore in Q1 FY26, compared to a profit before tax of Rs 0.72 crore in Q1 FY25.

Total expenses rose by 28.26% to Rs 818.22 crore during the quarter. The cost of raw materials consumed stood at Rs 105.64 crore, reflecting a 32.76% year-on-year increase. Employee benefit expenses amounted to Rs 24.76 crore, up 12.90% YoY. Finance costs were Rs 21.64 crore, marking a 2.51% YoY increase, while depreciation and amortization expenses rose by 14.28% YoY to Rs 20.10 crore.

On the segment front, revenue from the Sugar segment stood at Rs 485.98 crore, marking a 13.34% year-...