Mumbai, July 10 -- Total expenses for the period under review added up to Rs 449.31 crore, up 14.9% YoY. This was primarily due to higher raw material costs (up 32.4% YoY), higher manufacturing expenses (up 22.9% YoY) and higher depreciation charges (up 21.3% YoY).

Profit before tax in Q1 FY27 stood at Rs 93.16 crore, down by 55% from Rs 207.12 crore in Q1 FY26.

Prayasvin B. Patel, chairman & managing director of Elecon Engineering Company, said: "Q1 FY27 marked another quarter of resilient performance for Elecon, with consolidated revenue of Rs 521 crore, EBITDA of Rs 109 crore and an EBITDA margin of 21.0%.

We recorded a consolidated order intake of Rs 755 crore during the quarter, while our consolidated open order book stood at Rs 1...