Mumbai, Aug. 12 -- Profit before tax (PBT) surged 121.1% YoY to Rs 88.62 crore during the quarter.

EBITDA stood at Rs 94.5 crore in Q1 FY26, registering a growth of 88%, compared with Rs 50.2 crore in Q1 FY25. EBITDA margin was at 23.1% in Q1 FY26 as against 16% in Q1 FY25.

The company registered a volume growth of 26.5% YoY, with market share improvement for TI in each of the key markets.

Amit Dahanukar, chairman & managing director, said, "Q1 FY26 marked our strong and consistent industry-beating growth. We have delivered a YoY growth of 26.5% in volumes and 30.6% in net revenue. Adjusted for subsidy income of INR 38.6 crore, the net revenue growth was still robust at 20.5%. The Southern region has seen strong growth momentum in Q1 w...