Mumbai, July 28 -- The company's consolidated net profit jumped 128.8% year-on-year and 22.2% quarter-on-quarter to Rs 205.20 crore in Q1 FY27.

Revenue from operations rose 53.9% YoY and 6.9% QoQ to Rs 3,168.20 crore in the June 2026 quarter.

Gross profit increased 56.8% YoY and 6.4% QoQ to Rs 587.20 crore. Gross margin improved to 18.5% in Q1 FY27 from 18.2% in Q1 FY26, but eased from 18.6% in Q4 FY26.

EBITDA nearly doubled, rising 99.5% YoY and 8.2% QoQ to Rs 285.30 crore. EBITDA margin expanded to 9.0% from 7.0% in Q1 FY26 and 8.9% in Q4 FY26.

Profit before tax stood at Rs 276 crore in Q1 FY27, up 130% YoY and 22% QoQ.

Total expenses rose 50.7% YoY to Rs 2,941 crore in Q1 FY27. The increase was primarily driven by higher raw mater...