Epigral reported Q1 financial results with revenue at Rs 606.54 Cr, a decrease from Rs 651.20 Cr year-over-year.

However, net profit surged to Rs 160.69 Cr, up from Rs 85.87 Cr, primarily due to a one-time deferred tax credit of Rs 80.87 Cr from adopting a new tax regime.

The board also approved raising up to Rs 400 Cr through debt instruments.

In a strategic move, the company is investing Rs 21.38 Cr in a 19.80 MW wind-solar hybrid power plant, securing 51% of its power needs for 20 years, enhancing energy security and operational efficiency.