Mumbai, July 29 -- The company posted a sharp jump in earnings, driven by strong growth in its ethanol business and the successful integration of its dual-feed ethanol platform.

The company's consolidated net profit surged 1,108.3% year-on-year to Rs 57.15 crore in Q1 FY27. On a sequential basis, net profit declined 15.8% from Rs 67.87 crore in Q4 FY26.

Net sales more than doubled, rising 106.3% YoY and 5.3% QoQ to Rs 626.88 crore in Q1 FY27.

EBITDA jumped 219.6% YoY to Rs 132.76 crore in Q1 FY27. Profit before tax stood at Rs 78.45 crore in Q1 FY27, up 1,252.6% YoY and down 16.8% QoQ.

Total expenditure increased 88.3% YoY and 6% QoQ to Rs 494.12 crore. Raw material consumption surged 353.8% YoY to Rs 333.52 crore, while employee expe...