Net sales rose 81.9% YoY and 5.9% QoQ to Rs 286.42 crore during the quarter.

Profit before tax stood at Rs 46.10 crore in Q1 FY27, up 199% YoY and 176.4% QoQ.

Total expenditure rose 74.8% YoY and 1.9% QoQ to Rs 244.39 crore, led by a 90.5% YoY increase in raw material consumption to Rs 202.80 crore. Employee expenses stood at Rs 7.09 crore, while depreciation and finance costs increased to Rs 9.64 crore and Rs 1.90 crore, respectively.

Segment-wise, the chemical business, the company's largest revenue contributor, recorded an 86.8% YoY increase in revenue to Rs 274.17 crore. Revenue from the solar power segment rose 55.4% to Rs 10.85 crore. However, revenue from the pharma segment declined 57.1% to Rs 0.54 crore, while the others segment fell 65.5% to Rs 0.85 crore.

Bhageria Industries is in the business of chemicals and solar power generation & distribution.