Mumbai, Nov. 9 -- On a sequential basis, net profit declined 8.3% from Rs 317 crore in Q1 FY27.

Revenue from operations increased 23.3% YoY to Rs 1,833.6 crore from Rs 1,486.9 crore. Sequentially, revenue rose 1.8% from Rs 1,800.3 crore.

Gross profit increased 24.7% YoY to Rs 1,163.8 crore from Rs 933.1 crore. Gross profit margin remained unchanged at 63% compared with the year-ago quarter, while it declined from 65% in Q1 FY27.

EBITDA increased 53.0% YoY to Rs 480.4 crore from Rs 313.9 crore. Sequentially, EBITDA declined 2.6% from Rs 493 crore. EBITDA margin improved to 26% from 21% a year ago but declined from 27% in the previous quarter.

Adjusted EBITDA rose 49.9% YoY to Rs 503 crore from Rs 335.5 crore. Adjusted EBITDA margin imp...