Mumbai, Nov. 8 -- On a sequential basis, net profit increased 9.6% from Rs 249.04 crore in Q1 FY27.

Revenue from operations rose 65.0% YoY to Rs 2,269.33 crore from Rs 1,375.79 crore. Sequentially, revenue increased 12.7% from Rs 2,013.15 crore.

Profit before tax rose 73.0% YoY to Rs 356.65 crore from Rs 206.20 crore. Sequentially, PBT increased 13.4% from Rs 314.46 crore.

Total expenditure increased 59.1% YoY to Rs 1,980.74 crore from Rs 1,244.72 crore. Cost of raw materials consumed rose 62.2% to Rs 1,834.76 crore from Rs 1,130.97 crore. Employee expenses increased 13.2% to Rs 56.82 crore from Rs 50.19 crore. Interest costs rose 38.6% to Rs 0.61 crore, while depreciation increased 61.2% to Rs 22.63 crore from Rs 14.04 crore.

The com...