Mumbai, July 17 -- Total expenses for the period under review rose 3.7% YoY to Rs 41,830 crore from Rs 40,325 crore in the same period last year. This rise in raw material costs (up 18.4% YoY) more than offset the decline in finance costs (down 22.8% YoY), depreciation charges (down 15.8% YoY) and other expenses (down 7.3% YoY).

EBITDA improved by 38% YoY to Rs 9,383 crore in Q1 FY27 from Rs 6,816 crore in Q1 FY26.

Profit before tax in Q1 FY27 stood at Rs 6,160 crore, up by 100.5% from Rs 3,072 crore in Q1 FY26.

The company's consolidated production for the quarter was 6.59 million tonnes, higher by 3% YoY and 2% QoQ.

Steel Sales for the quarter were best ever for Ql at 6.25 million tonnes, up 4% YoY, with focus on flat steel sales & ...