The company reported Q1 FY27 consolidated revenue of INR 1,011.1 Cr, up 34% YoY, with gross profit at INR 203.9 Cr (up 8%) and PAT at INR 86.5 Cr.

Gross profit growth was impacted by a supplier fire at a key customer and one-time premium raw material procurement due to geopolitical issues.

Management is confident in long-term auto industry growth, driven by multi-powertrain technologies.

Strategic focus on lightweighting, exports, and emission adjacencies is progressing, with new orders secured and facilities ramping up.

They are exploring domestic premium 2-wheeler emission opportunities and deepening participation in the Purem JV.