Mumbai, Nov. 12 -- Sequentially, net profit increased 77.60% from Rs 12.01 crore in Q1 FY27.

Revenue from operations grew 20.53% year on year to Rs 99.73 crore from Rs 82.74 crore. Sequentially, revenue increased 27.11% from Rs 78.46 crore.

Profit before tax rose 35.14% year on year to Rs 28.50 crore from Rs 21.09 crore. Sequentially, PBT increased 57.89% from Rs 18.05 crore.

Total expenditure increased 15.38% year on year to Rs 70 crore. Raw material costs rose 22.27% to Rs 47.05 crore, while employee expenses increased 13.57% to Rs 1.59 crore. Interest costs declined 33.33% to Rs 0.04 crore, while depreciation increased 19.27% to Rs 1.30 crore.

The company reported net cash generated from operating activities of Rs 63.48 crore for t...