Mumbai, Aug. 4 -- The company reported a consolidated net loss of Rs 33 crore in Q1 FY27, narrowing from a loss of Rs 45.40 crore in Q1 FY26.

Revenue from operations increased 17.9% YoY to Rs 822.60 crore in the quarter ended 30 June 2026.

Reported company EBITDA (post Ind AS 116) rose 43.5% YoY to Rs 108.40 crore, while the EBITDA margin improved to 13.2% from 10.8% a year ago. On a pre-Ind AS 116 basis, company EBITDA surged 265.7% YoY to Rs 43.50 crore, while the EBITDA margin expanded to 5.3% from 1.7% a year ago.

Gross profit increased 23.8% YoY to Rs 565 crore. Cost of materials consumed rose 6.7% YoY to Rs 257.60 crore, employee-related expenses increased 11.6% YoY to Rs 95.90 crore, occupancy and other expenses rose 22.9% YoY t...