New Delhi, Aug. 18 -- Felix Industries shares gained more than 3% on Tuesday, 18 August, despite muted broader market conditions, after the environmental engineering company reported strong financial results for the first quarter of FY27.

The company posted a 37.8% year-on-year increase in total revenue to Rs.28.97 crore in Q1 FY27, up from Rs.21.02 crore in the year-ago quarter. Profitability improved at a faster pace, with EBITDA rising 64.22% YoY to Rs.9.81 crore.

The firm's EBITDA margin expanded to 34.79% from 28.99%, representing a 580-basis-point improvement and remaining above the company's FY27 target of 30-31%. PAT increased 54.51% YoY to Rs.5.51 crore, while the PAT margin improved to 19.53%.

Felix Industries attributed the ...