Mumbai, Aug. 14 -- Profit before tax stood at Rs 79.95 crore in the June 2025 quarter, registering a decline of 29.4% on a YoY basis.

EBITDA (excluding other income) tanked 51.38% to Rs 40.6 crore in Q1 FY26 from Rs 83.5 crore in Q1 FY25. EBITDA margin reduced to 22.2% in Q1 FY26 as against 36.2% in Q1 FY25.

Total expenses fell 44.02% to Rs 147.75 crore during the quarter from Rs 263.91 crore in Q1 FY25. Construction materials and equipment costs stood at Rs 57.40 crore (up 2.19% YoY), while employee benefits expenses were Rs 18.08 crore (down 7.9% YoY) during the period under review.

On the segmental front, real estate revenue was Rs 81.44 crore (down 64.05% YoY) and EPC revenue was Rs 102.24 crore (down 11.49% YoY).

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