Mahindra EPC Q1 FY26 net sales rose 37% YoY, but profit plunged 84% QoQ due to higher expenses and weak sales.

• Net sales reached ₹62.04 crore; expenses rose 24% YoY, driven by material and employee costs.
• Reported ₹1.31 crore pre-tax profit vs ₹3.54 crore loss last year; sales fell 35% sequentially.
• Rajeev Goyal appointed as additional non-executive director, pending shareholder approval within three months.