Mumbai, July 18 -- The growth was primarily driven by a robust performance in its data services business, where revenue jumped 9.4% to Rs 5,130 crore.
Despite the topline growth, EBITDA remained flat at Rs 1,137 crore, the same as the previous year. The EBITDA margin, however, contracted by 125 basis points to 19.1% from 20.3%.
Profit after tax (PAT) came in sharply lower at Rs 232 crore, a 34.9% drop from Rs 357 crore a year ago. This also dragged the PAT margin down to 3.9%, from 6.4% in the same quarter last year, a decline of 248 basis points.
Meanwhile, the company's board approved a proposal to raise up to Rs 1,000 crore through the issuance of Non-Convertible Debentures (NCDs) via private placement. An internal committee has bee...
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