$NSLNISP

**Q1 FY27 Results** ** $NSLNISP :** Q1 standalone net profit rose to **₹55.2 crore** from ₹25.6 crore YoY, while revenue increased to **₹3,660 crore** from ₹3,365 crore. However, EBITDA declined slightly to **₹399 crore** from ₹407 crore, with margin contracting to **10.89%** from 12.11%. **Impact:** **Positive;** strong profit and revenue growth, though lower EBITDA margin remains a monitorable. ** !GMR Power & Urban Infra :** Q1 standalone performance weakened, with **net loss of ₹96 crore** versus a profit of ₹24.2 crore YoY. Revenue declined to **₹62.8 crore** from ₹94.3 crore, while EBITDA fell to **₹23.3 crore** from ₹69.5 crore and margin dropped sharply to **37.15%** from 74.47%. **Impact:** **Negative;** lower revenue, EBITDA and a swing to net loss indicate significant near-term pressure.