The engineering research and development services company’s operating EBITDA margin improved to 16.1% from 16.0% a year earlier.
Quarter-on-quarter performance
On a sequential basis, profit after tax attributable to shareholders of the company declined 11.5% to ₹180.75 crore from ₹204.17 crore in the March quarter. Revenue from operations increased 5.9% from ₹1,572.22 crore, while operating EBITDA rose 6.1% from ₹252.12 crore. Operating EBITDA margin improved by 10 basis points to 16.1% from 16.0% in the previous quarter.
Warren Harris, Chief Executive Officer and Managing Director, said, “The demand environment remains constructive, reflected in healthy activity across our strategic growth areas, a robust pipeline of large opportunities, improving deal conversion and greater visibility across key customer programmes. Combined with our ongoing investments in artificial intelligence, disciplined focus on operational efficiency and continued portfolio diversification, we believe we are well positioned to deliver strong double-digit organic revenue growth in FY27.”
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Uttam Gujrati, Chief Financial Officer, said, “While we remain mindful of the evolving macroeconomic backdrop, our focus remains firmly on disciplined execution, operational excellence and prudent capital allocation. These priorities, together with our diversified business mix and resilient margins, position us well to capture emerging opportunities while continuing to invest in capabilities that strengthen our long-term competitiveness.”
