The telecom major’s consolidated net profit surged to Rs 1,606.9 crore in Q1 FY23 compared with Rs 283.5 crore in Q1 FY22.
On a consolidated basis, revenue from operations jumped 22.16% to Rs 32,804.6 crore in Q1 FY23 as against Rs 26,853.6 crore posted in the corresponding quarter previous year. The company said that that rise in revenue was backed by strong and consistent performance delivery across the portfolio.
The profit before tax stood at Rs 3,592 crore in Q1 FY23, up 105.8% to Rs 1,745 crore in the same period previous year. EBITDA stood at Rs 16,604 crore, rising 25.9% year on year (YoY). EBITDA margin improved 150 bps YoY to 50.6% in Q1 FY23. Total capex spend for the quarter was Rs 6,398 crore.
India revenues for Q1 FY23 stood at Rs 23,319 crore,…
