Industries – Q1 FY27: Earnings under pressure as profitability declines * Weak quarter: Q1 standalone net profit fell 78% YoY to ₹8.6 crore from ₹39.2 crore, while revenue declined 9.6% YoY to ₹850 crore from ₹940 crore. * Margin contraction: EBITDA dropped 49% YoY to ₹43.7 crore from ₹86 crore, with EBITDA margin shrinking to 5.15% versus 9.12% a year ago, indicating significant pressure on operating profitability.

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