Revenue rises 23% in September quarter, but profit growth slows
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Unaudited consolidated September-quarter revenue rose 23.3% year on year to Rs 2,575.42 million, while profit after tax rose 12.3% to Rs 457.29 million. Half-year revenue rose 27.3% and profit after tax rose 20.9%. Standalone quarterly profit fell 11.1% despite 16.6% revenue growth. Results included a Rs 40 million gain on a purchase commitment and Rs 48.7 million deferred tax credit. The limited review found no material issue.
Revenue growth is strong, but costs rose faster than sales and standalone profit fell, which may limit near-term upside.