Consolidated Revenue of Rs 38,526 crore, up 4% QoQ and 10% YoY.
Consolidated EBITDA of Rs 11,284 crore, up 30% YoY and 9% QoQ; Margin at 34% up 517 bps.
Profit after tax at Rs 4,876 crore, up 70% YoY and 9% QoQ.
Net Debt at Rs 57,358 crores with Net debt/EBITDA at 1.4x.
Cash and Cash Equivalent improved by 66% YoY on the back of robust Free cash flow of Rs 6,766 crore.
CRISIL upgraded long-term credit rating from AA- to AA with Watch Developing Parent company, VRL successfully restructured $3.1 billion through bond issuances in the last 4 months resulting in longer maturities of up to 8 years, better covenants terms and a significant reduction in average coupon rate by 250 bps.
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