Mumbai, July 28 -- However, revenue from operations jumped 34% year on year to Rs 128.25 crore in Q1 FY26.

The company reported profit before exceptional items and tax of Rs 20.01 crore in Q1 FY26, compared to Rs 16.39 crore recorded in the same period a year ago. The firm reported exceptional loss items of Rs 121.01 crore during the quarter.

EBITDA stood at Rs 24.1 crore in Q1 FY26, up 14.76% YoY. EBITDA margin declined to 18.79% in Q1 FY26 from 21.94% in Q1 FY25.

Total expenses rallied 38.51% to Rs 112.18 crore in Q1 FY26, compared to Rs 80.99 crore reported in Q1 FY25. The cost of materials consumed stood at Rs 61.62 crore (up 47.28% YoY), and employee benefit expenses were at Rs 19.55 crore (up 29.13% YoY) during the period under r...