Mumbai, July 16 -- The company's net profit surged 102.61% YoY, while declining 3.08% QoQ, to Rs 380.30 crore in Q1 FY27.

Revenue from operations increased 51.34% YoY but declined 10.54% QoQ to Rs 1,555.50 crore in the June 2026 quarter.

Profit before tax stood at Rs 469.60 crore in Q1 FY27, down 2.96% vs Q4 and up 95.50% vs Q1 FY26.

Gross profit rose 44.64% YoY to Rs 677.30 crore, while the gross margin stood at 44% compared with 46% in Q1 FY26 and 42% in Q4 FY26.

EBITDA jumped 56.38% YoY to Rs 548.10 crore, while EBITDA margin improved to 35% from 34% in Q1 FY26 and 33% in Q4 FY26.

Other income increased 14.58% YoY to Rs 16.50 crore, while total tax expense rose 70.10% YoY to Rs 89.30 crore.

On the cost front, total expenses incre...