Mumbai, Oct. 31 -- Revenue increased 5.87% sequentially from Rs 15,299.88 crore in Q1 FY27.

Adjusted net profit stood at Rs 2,792.38 crore, down 10.44% year on year from Rs 3,117.95 crore. Sequentially, adjusted net profit declined 8.14% from Rs 3,039.73 crore.

EBITDA increased 4.8% year on year to Rs 4,743.9 crore, while EBITDA margin stood at 29.3%. Research and development investment was Rs 778.4 crore, equivalent to 4.8% of sales.

Profit before tax stood at Rs 3,159.37 crore in Q2 FY27, down 22.92% vs previous quarter and 24.19% vs year-ago quarter.

Total expenditure increased 14.35% year on year to Rs 12,213.16 crore from Rs 10,680.76 crore. Raw material consumption rose 43% to Rs 2,318.70 crore, while employee expenses increased...