Mumbai, Aug. 7 -- On a consolidated basis, the company's net profit declined 9.4% YoY and 18.5% QoQ to Rs 29.29 crore in Q1 FY27.

Net sales declined 0.2% YoY and remained largely flat sequentially at Rs 248.62 crore in the quarter ended 30 June 2026.

Profit before tax stood at Rs 42.58 crore in Q1 FY27, down 1.1% YoY and 10.0% QoQ.

On the cost front, total expenses declined 0.7% YoY and 0.5% QoQ to Rs 207.80 crore. Employee benefit expenses increased 5.3% YoY to Rs 127.79 crore. Support/third-party charges declined 7.1% YoY to Rs 63.14 crore. Finance costs declined 54.5% YoY to Rs 1.26 crore, while depreciation and amortisation expenses declined 0.2% YoY to Rs 3.32 crore.

Segment-wise, the BFS business reported revenue of Rs 73.48 cro...