Mumbai, Nov. 8 -- On a sequential basis, net profit declined 0.4% from Rs 22.1 crore in Q1 FY27.

Revenue declined 56.7% YoY to Rs 133.2 crore from Rs 307.5 crore. However, on a sequential basis, revenue increased 14.8% from Rs 116 crore in Q1 FY27.

Profit before tax declined 55.5% YoY to Rs 29.5 crore from Rs 66.4 crore. Sequentially, PBT remained nearly unchanged from Rs 29.5 crore in Q1 FY27.

Gross profit fell 22.3% YoY to Rs 92 crore from Rs 118.4 crore, while gross profit margin expanded to 69.0% from 38.5% a year ago. Sequentially, the margin declined from 78.9% in Q1 FY27.

EBITDA declined 54.1% YoY to Rs 31.4 crore from Rs 68.5 crore. Sequentially, EBITDA remained largely unchanged at Rs 31.4 crore against Rs 31.4 crore in Q1 FY...