Mumbai, July 24 -- The company's standalone profit after tax increased 61.6% YoY and 7.2% QoQ to Rs 8 crore in Q1 FY27.

Net sales increased 30.72% YoY and 7.06% QoQ to Rs 60.77 crore in the quarter ended 30 June 2026.

Profit before tax stood at Rs 10.57 crore in Q1 FY27, up 60.2% YoY and 5.2% QoQ.

Total expenses increased 23.6% YoY to Rs 52 crore. Employee benefits expense rose 10.1% YoY to Rs 11.74 crore, while depreciation and amortisation expense increased 3.6% YoY to Rs 3.48 crore. Cost of materials consumed increased 17.4% YoY to Rs 19.79 crore.

Standalone domestic sales increased 38% YoY to Rs 49.25 crore, driven by higher sales to the automotive, auto ancillary, blade, bearing, ceramics and reseller segments. Export sales rose ...