Mumbai, Aug. 6 -- However, revenue from operations increased 12.10% year on year (YoY) to Rs 2,726.75 crore in Q1 FY27.

The revenue growth was driven by market share gains in the refrigerator and washing machine segments, industry-wide volume growth, price hikes, and continued premiumisation of the company's product portfolio.

Profit before tax (PBT) declined 29.36% to Rs 138.75 crore in Q1 FY27 from Rs 196.44 crore in the year-ago period.

The company retained its No. 2 position in combined refrigerator and washing machine volume market share across multi-brand outlets (MBOs) and maintained its No. 1 position in direct cool refrigerator volume market share in the MBO channel.

The Faridabad manufacturing facility achieved its highest-e...