Mumbai, Aug. 7 -- On a consolidated basis, the company's profit after tax increased 13.56% YoY but declined 12.82% QoQ to Rs 591.35 crore in Q1 FY27.

Net sales increased 8.2% YoY and 6.0% QoQ to Rs 4,999.97 crore in Q1 FY27. Total income rose 8.2% YoY and 6.0% QoQ to Rs 5,061.38 crore in the quarter ended 30 June 2026.

Profit before tax stood at Rs 797.35 crore in Q1 FY27, up 13.7% YoY and 1.6% QoQ.

On the cost front, total expenditure increased 7.4% YoY and 7.3% QoQ to Rs 4,239.37 crore. Raw material consumption increased 9.8% YoY to Rs 2,799.56 crore. Employee benefit expenses declined 13.3% YoY to Rs 209.60 crore. Finance costs declined 12.5% YoY to Rs 22.87 crore, while depreciation expenses declined 3.1% YoY to Rs 79.51 crore.

Ac...