Mumbai, Oct. 26 -- Revenue increased 7.4% quarter on quarter from Rs 8,070.5 crore in Q1 FY27.

Net profit attributable to equity shareholders of the parent company fell 35.6% year on year to Rs 925 crore from Rs 1,437.2 crore in Q2 FY26. Sequentially, net profit rose 108.6% from Rs 443.5 crore in Q1 FY27.

Gross profit declined 6.1% year on year to Rs 4,520.4 crore from Rs 4,814 crore. Gross margin narrowed to 52.1% from 54.7% a year earlier, but improved from 46.5% in Q1 FY27.

Profit before tax declined 33.1% year on year to Rs 1,227.7 crore from Rs 1,835 crore in Q2 FY26. It rose 122.2% quarter on quarter from Rs 552.6 crore in Q1 FY27.

The company reported EBITDA of Rs 1,783 crore, with a margin of 20.6%, and a net cash surplus of R...