Mumbai, July 30 -- The company reported a net loss of Rs 9 crore in Q1 FY27 after exceptional items, compared with a profit of Rs 87 crore in Q1 FY26. Before exceptional items, profit after tax fell 98.9% YoY to Rs 1 crore from Rs 87 crore.

Revenue from operations declined 15.9% YoY to Rs 736 crore in Q1 FY27 from Rs 875 crore in the corresponding quarter last year. Reported revenue fell 14.7% YoY to Rs 761 crore from Rs 892 crore.

The company reported a pre-tax loss of Rs 6 crore in Q1 FY27, compared with a pre-tax profit of Rs 101 crore in Q1 FY26.

EBITDA dropped 48.2% YoY to Rs 116 crore from Rs 224 crore, while EBITDA margin contracted to 15.2% from 25.1% a year ago. Operating EBITDA margin (excluding other income) narrowed to 12.3...