Mumbai, July 17 -- On a consolidated basis, the company's net profit surged 77.98% YoY and 780.53% QoQ to Rs 16.73 crore in Q1 FY27.

Revenue from operations soared 104.06% YoY and 27.46% QoQ to Rs 96.54 crore in the June 2026 quarter.

Profit before tax stood at Rs 20.87 crore in Q1 FY27, up 272.68% vs Q4 and 117.62% vs Q1 FY26.

On the cost front, total expenditure increased 122.67% YoY to Rs 79.45 crore. Raw material consumed surged 167.05% YoY to Rs 74.40 crore. Employee expenses declined 6.40% YoY to Rs 1.61 crore. Finance costs fell to nil from Rs 0.14 crore a year ago, while depreciation remained largely unchanged at Rs 2.35 crore.

The company's tax expense rose to Rs 4.08 crore from Rs 0.07 crore in the corresponding quarter last...