Mumbai, Nov. 3 -- Sequentially, adjusted net profit improved from a loss of Rs 9 crore in Q1 FY27.

The company reported a 66.29% year-on-year increase in net sales to Rs 203.04 crore in Q2 FY27 from Rs 122.10 crore. Sequentially, sales increased 28.16% from Rs 158.43 crore in Q1 FY27.

Pre-tax profit stood at Rs 22.16 crore in Q2 FY27, compared with a pre-tax loss of Rs 2.30 crore in the year-ago quarter and a pre-tax loss of Rs 13.35 crore in the previous quarter.

Total expenditure increased 20.90% year on year to Rs 176.57 crore from Rs 146.05 crore. Raw material consumed rose 63.10% to Rs 110.53 crore, while employee expenses increased 7.73% to Rs 45.04 crore. Interest costs rose 71.12% to Rs 14.10 crore, and depreciation increased 1...