Mumbai, Oct. 30 -- Strong growth across its core businesses and improving performance in its electric mobility business supported the quarterly performance.

Revenue increased 20.72% sequentially from Rs 974.12 crore in Q1 FY27. Adjusted net profit stood at Rs 17.53 crore, down 34.44% year on year from Rs 26.74 crore. It declined 31.98% quarter on quarter from Rs 25.77 crore.

EBITDA increased 43% year on year to Rs 73 crore from Rs 51 crore. However, EBITDA margin moderated to 6.2% from 6.3% a year earlier.

Business profit before tax, excluding exceptional and one-off items, rose 44% year on year to Rs 44 crore from Rs 31 crore. Business PBT margin remained at 3.8%.

Reported profit before tax stood at a loss of Rs 15.91 crore, compared...