Mumbai, July 18 -- The company's consolidated net profit increased 6.12% YoY and 12.66% QoQ to Rs 23,196 crore in Q1 FY27. The figure includes the share of profit from associates and joint ventures.

Gross revenue rose 24.50% YoY and 4.60% QoQ to Rs 3,40,257 crore in the June 2026 quarter.

Profit before tax stood at Rs 30,630 crore in Q1 FY27, up 12.63% vs Q4 and 8.53% vs Q1 FY26.

EBITDA increased 10.12% YoY and 11.28% QoQ to Rs 54,067 crore, while EBITDA margin stood at 15.9%, compared with 18.0% in Q1 FY26 and 14.9% in Q4 FY26.

On the cost front, depreciation increased 9.09% YoY to Rs 15,100 crore, largely due to higher depreciation in Digital Services following the capitalisation of 5G assets. Finance costs rose 18.49% YoY to Rs 8,3...