Mumbai, July 23 -- Revenue from operations declined 16.16% QoQ to Rs 924.25 crore in the quarter ended 30 June 2026.

On a year-on-year basis, however, the company posted strong growth, with net profit rising 34.08% and revenue increasing 53.22%.

Profit before tax (PBT) stood at Rs 163.39 crore in Q1 FY27, down 21.48% sequentially but up 40.16% from the year-ago period.

EBITDA rose 47.58% YoY to Rs 173.48 crore from Rs 117.55 crore in Q1 FY26, reflecting improved operational performance.

The company said its consolidated unexecuted order book remains above Rs 5,300 crore. It also highlighted a strong bidding pipeline comprising more than 37 GWp of solar projects, over 10 GWh of battery energy storage system (BESS) projects, and transmi...