Mumbai, Nov. 11 -- Consolidated net profit rose 22% sequentially from Rs 348.7 crore in Q1 FY27.

Revenue from operations grew 31% year on year to Rs 10,322.6 crore from Rs 7,856 crore. However, revenue declined 3% sequentially from Rs 10,588.9 crore in the previous quarter.

Gross profit increased 25% year on year to Rs 1,273.3 crore from Rs 1,016.6 crore. Gross profit margin stood at 12.3%, compared with 12.9% in the year-ago quarter and 11.9% in Q1 FY27.

EBITDA rose 30% year on year to Rs 644.5 crore, with margin at 6.2% versus 6.3%. Sequentially, EBITDA increased 2%, while margin improved 20 basis points from 6.0%.

Profit before exceptional items and tax increased 39% year on year to Rs 486.6 crore from Rs 350.3 crore. The company r...