Mumbai, Aug. 6 -- For the quarter, the company declared net revenue of Rs 956 crore, a growth of 3% over the corresponding quarter of the previous year.
The company stated that the modest growth in revenue was on account of the impact of US tariffs.
EBIDTA improved by 44% to Rs 119 crore in Q1 FY26 from Rs 83 crore in Q1 FY25.
The company's EBITDA margins improved by 336 basis points on a YoY basis to 12.1% in Q1 FY26, supported by productivity gains, robust cost management efforts, and receipt of some capital incentive during the quarter. The current quarter's EBITDA was considerably impacted by customer claims, mainly attributed to tariffs.
Profit before tax (PBT) in Q1 FY26 was at Rs 57 crore, up by 57% from Rs 36 crore posted in Q...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.