Mumbai, Oct. 31 -- Gross revenue climbed 27.8% YoY to Rs 3,62,268 crore in Q2 FY27.

Profit before tax (PBT) increased 32.58% YoY to Rs 38,613 crore in the quarter ended 30th September 2026.

Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 23.9% YoY to Rs 62,409 crore from Rs 50,367 crore in Q2 FY26. However, the EBITDA margin moderated to 17.2% from 17.8% a year earlier.

Depreciation expenses increased 6.2% YoY to Rs 15,315 crore, primarily due to higher depreciation in the digital services business following the capitalisation of 5G assets. Finance costs rose 24.2% YoY to Rs 8,481 crore, reflecting higher liability balances and the capitalisation of 5G assets.

Capital expenditure stood at Rs 38,153 cror...