Mumbai, July 21 -- However, revenue from operations jumped 11.04% to Rs 543.72 crore in the first quarter of FY26 as against Rs 489.65 crore posted in the corresponding quarter last year.

Profit before tax stood at Rs 46.10 crore in the quarter ended 30 June 2025, down 1.89% as against Rs 46.99 crore recorded in Q1 FY25.

Total expenses rose 12.50% to Rs 499.33 crore during the quarter. The cost of material consumed stood at Rs 334.40 crore (up 17.73% YoY), employee benefit expenses stood at Rs 37.46 crore (up 31.07%) and finance costs were at Rs 5.72 crore (up 55.43% YoY) during the period under review.

EBITDA improved by 4.6% to Rs 67.9 crore in the quarter ended 30 June 2025 as compared to Rs 64.9 crore posted in the same quarter the...