In constant currency terms, sales grew 0.2% sequentially and were largely on expected lines. Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose 8% sequentially and 4% YoY to Rs 2,144 crore, the company said.
ETMarkets Smart Talk | Maturing AI trade could redirect global capital towards diversified growth markets like India: Ritesh Taksali
Taksali points out that FPIs invested around ₹20,000 crore in Indian equities in July, followed by another ₹12,921 crore in the first week of August.