Mumbai, Aug. 10 -- Total revenue from operations declined 9.20% QoQ to Rs 218.43 crore in the quarter ended 30 June 2026.

However, on a year-on-year basis, consolidated net profit surged 290.29%, while revenue from operations increased 42.97%.

Total expenses rose 39.48% YoY to Rs 208.96 crore in Q1 FY27 from Rs 149.81 crore in Q1 FY26. The cost of materials consumed increased 45.75% YoY to Rs 164.40 crore, while employee benefits expenses rose 16.78% to Rs 22.82 crore.

Profit before tax (PBT) surged 231.38% YoY to Rs 10.77 crore in Q1 FY27 from Rs 3.25 crore in the corresponding quarter of the previous year.

On the segmental front, revenue from the automobiles business increased 45.88% YoY to Rs 206.63 crore, while revenue from the no...