Total expenses rose by 2.4% to Rs 24.48 crore in Q1 FY27 from Rs 23.91 crore in Q1 FY26. This was primarily due to higher raw material costs (up 0.4% YoY), higher employee expenses (up 11.2% YoY) and higher other expenses (up 18% YoY).

Profit before tax in Q1 FY27 stood at Rs 7.92 crore, up 16.6% from Rs 6.79 crore in Q1 FY26.

Rolex Rings is a manufacturer and global supplier of hot-rolled forged and machined bearing rings, and automotive components for two-wheelers, PVs, CVs, off-highway vehicles, electric vehicles, industrial machinery, wind turbines and railways, among others. Its product portfolio includes bearing rings, parts of gear box and automotive components.