Mumbai, July 27 -- Revenue from operations jumped 37.9% year-on-year (YoY) to Rs 858.67 crore in Q1 FY27.

Profit before tax (PBT) declined 45.20% YoY to Rs 71.05 crore during the quarter.

EBITDA stood at Rs 82.9 crore in Q1 FY27, down 42.27% from Rs 143.6 crore in Q1 FY26. EBITDA margin contracted to 9.6% from 23.1% a year earlier.

Commenting on the performance, Dinesh Patidar, chairman, said the company delivered another record quarter, supported by strong execution, improved working capital and sustained demand across key markets. He said Shakti Pumps has an order book of around Rs 1,000 crore (Rs 10,000 million) and expects growth to be driven by PM-KUSUM 2.0 and state-led solar irrigation programmes.

Patidar added that despite inp...