Focused evidence
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▸ Prepared remarks (5 blocks)
I'm pleased to report a robust performance in Q1 with revenue from operations at INR<strong>156.6 crore</strong>s, representing a year-on-year growth of 22.1%. EBITDA came in at INR28.4 crores, showing a y ear-on-year increase of 70.9%. These results demonstrate stable execution and continued momentum across all our key business segments.
We remain committed very clearly to our FY '26 guidance of 25% revenue growth and an EBITDA margin of 21%, plus/minus 100 basis points.
Starting with Clean Energy segment, we delivered approximately INR<strong>105 crore</strong>s in revenues in this quarter. This fiscal year, the company has undertaken development of new products for Bloom Energy, further expanding our wallet share in this sector.
additionally, our customer, Bloom Energy has provided a very high -- highest ever forecast for the execution of our boxes in the upcoming fiscal year post the tariffs announcement.
Bloom Energy continues to strengthen its position in the data center market by signing strategic agreements. Most recently, it announced plans to deploy its fuel cell technology at select Oracle Cloud infrastructure data centers in the U.S.
Looking ahead, we anticipate a robust growth of 15% to 20% in FY '26 across clean energy sector, including fuel cells, hydropower, battery storage systems and others.
We continue to maintain strong traction in the aerospace and defence vertical, delivering approximately INR25 crores in orders during the Q1.