Mumbai, July 30 -- However, revenue from operations fell 16.40% year on year (YoY) to Rs 2,620 crore in Q1 FY26.

Profit before tax was at Rs 330.50 in Q1 FY26, up 191.26% as against Rs 113.47 crore in Q1 FY25.

EBITDA (excluding other income) stood at Rs 520 crore in Q1 FY26, up 8.79%, compared with Rs 478 crore in Q1 FY25. EBITDA margin stood at 19.85% in Q1 FY26 as against 15.25% in Q1 FY25.

Revenue from the engineering, procurement, and construction (EPC) segment declined by 32.54% to Rs 1,825.22 crore in Q1 FY26, compared to Rs 2,705.64 crore in the corresponding quarter of the previous year. In contrast, revenue from the Annuity Projects & Others segment increased by 85.55% YoY, reaching Rs 795.11 crore in Q1 FY26.

As of 30 June 2...