Mumbai, Nov. 8 -- On a sequential basis, adjusted net profit improved from a loss of Rs 0.49 crore in Q1 FY27.

Revenue from operations increased 48.3% YoY to Rs 1,271.72 crore from Rs 857.48 crore. Sequentially, revenue rose 34.0% from Rs 949.29 crore.

EBITDA surged 210% YoY to Rs 54 crore from Rs 17 crore. Sequentially, EBITDA increased 162% from Rs 21 crore in Q1 FY27. EBITDA margin improved to 4.2% from 2.0% a year ago and 2.2% in Q1 FY27.

Profit before tax zoomed to Rs 19.62 crore from Rs 2.16 crore in Q2 FY26, while sequentially it soared from Rs 2.36 crore in Q1 FY27.

Total expenditure increased 45.2% YoY to Rs 1,237.89 crore from Rs 852.82 crore. Raw material consumption rose 30.0% to Rs 86.29 crore from Rs 66.37 crore. Employe...