Mumbai, Aug. 21 -- Revenue from operations increased 22.07% YoY to Rs 292.77 crore in Q1 FY26.

Profit before tax (PBT) soared 179.13% to Rs 32.91 crore during the quarter ended 30th June 2025.

Total expenses climbed 13.58% to Rs 261.01 crore in Q1 June 2025, compared with Rs 229.80 crore recorded in Q1 June 2024. In Q1 FY26, cost of material consumed stood at Rs 272.19 crore (up 49.45% YoY), employees benefit expenses was at Rs 1.57 crore (up 40.18% YoY) and finance cost stood at Rs 5.24 crore (up 40.86% YoY).

The counter entered into bourses on Friday, 1 August 2025. It was listed at Rs 229.10, exhibiting a premium of 15.13% to the issue price of 199.

The IPO of Shanti Gold International was subscribed 81.17 times. The issue opened f...