Overview

• Net profit fell 19.4% year on year to 1.83 billion rupees for the quarter ended September 30.
• Revenue rose 6.5% to 61 billion rupees, led by a 7.4% gain in data services while voice fell 4.6%.
• Network and transmission costs jumped 10%, pushing total expenses up 6.8% and compressing the profit margin to 3% from 4.4% a year earlier.
• Executives said new offerings such as Voice AI and cloud networking are seeing adoption and should bolster profitability in the second half.
• The stock touched a record 2,000 rupees intraday around the results before easing to a 3.8% gain, and the company reaffirmed a target of 280 billion rupees in data revenue by fiscal 2028.