The company’s Q3 profit declined by 22% YoY to Rs 5,451 crore, missing Street estimates. The profit was well below the ET Now poll projections of Rs 6,791 crore. However, revenue from operations grew by 3% YoY, reaching Rs 1.13 lakh crore.
Consolidated EBITDA for the third quarter stood at Rs 15,500 crore, showing a strong increase compared to the preceding September quarter as supply-related challenges eased.
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