September quarter profit jumps, mainly from discontinued business
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Unaudited September 2026 quarter results, approved by the board, show consolidated profit after tax of Rs 918.70 crore. This included Rs 143.31 crore from continuing operations and Rs 775.39 crore from discontinued operations. Income was Rs 860.86 crore, and continuing operations moved from a Rs 73.10 crore loss a year earlier. Debt declined to Rs 3,631.26 crore, with debt-to-equity improving to 0.79 from 1.45. Basic EPS was Rs 77.51.
Strong reported profit and lower debt are positive, but most profit came from the discontinued business, so future earnings may not match this quarter.