Mumbai, Aug. 13 -- Revenue from operations was at Rs 313.93 crore in the quarter ended 30 June 2024, up 45.33% as compared with Rs 216.02 crore posted in the corresponding quarter last year.

Profit before tax in first quarter of FY25 stood at Rs 31.85 crore, marking a growth of 26.09% from Rs 25.25 crore in Q1 FY24.

Total expenses spiked 51.78% YoY to Rs 288.70 crore during the June 2024 quarter. Cost of material consumed was at Rs 224.10 crore (up 46.14% YoY) and employee benefits expenses stood at Rs 18.42 crore (up 23.54% YoY) during the period under review.

On the segmental front, Insulator division revenue was Rs 37.51 crore (up 26.50% YoY), e-bus division revenue was Rs 282.40 crore (up 23.32% YoY) and revenue from e-truck divisi...