The service EBITDA margin in this segment jumped to 10.7%, a significant improvement from 3.2% last year.
Read MoreThe service EBITDA margin in this segment jumped to 10.7%, a significant improvement from 3.2% last year.
The revenue recorded ₹1,507 crore in the June quarter. This is up from ₹1,306 crore a year earlier.
Gross Non-Performing Assets (GNPAs) rose to ₹4,669.6 crore from ₹4,375.5 crore in the March 2025 quarter.
Pre-tax loss for the quarter stood at ₹16.98 crore. This is compared to a loss of ₹5.49 crore in Q1 FY25.
This marks a significant improvement from the ₹64.3 crore profit recorded in the same period last year.
Revenue for the quarter inched up 3.2% to ₹809 crore. This is reflecting a steady performance in the company’s bearings and mechanical power transmission businesses.
Margins shrank to 31% from 33% last year. This is partly due to unfavourable channel mix and reduced operating leverage.
The service EBITDA margin in this segment jumped to 10.7%, a significant improvement from 3.2% last year.
Revenue from operations climbed 7% year-on-year to ₹7,233 crore. This surge in revenue is supported by sustained demand for individual home loans.
Operationally, the company performed well, with EBITDA climbing to ₹128 crore more than double the ₹52 crore reported in Q1 FY25.
Margins shrank to 31% from 33% last year. This is partly due to unfavourable channel mix and reduced operating leverage.
The service EBITDA margin in this segment jumped to 10.7%, a significant improvement from 3.2% last year.
Revenue from operations climbed 7% year-on-year to ₹7,233 crore. This surge in revenue is supported by sustained demand for individual home loans.
Operationally, the company performed well, with EBITDA climbing to ₹128 crore more than double the ₹52 crore reported in Q1 FY25.
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