Highlights on consolidated performance for the second quarter ended September 30, 2020
· Revenue declined 6% YoY to Rs. 21,137 mn as against 50% YoY decline seen in Q1. Improving overall business environment with staggered unlocking led to better performance sequentially.
declined 7% YoY to Rs. 17,408 mn in Q2FY21 from Rs. 18,811 mn in Q2FY20. The business saw improving momentum with resumption of economic activities. B2C wires and exports sustained the strong traction.
grew 25% YoY to Rs. 2,440 mn in Q2FY21 from Rs. 1,956 mn in Q2FY20. Growth was resilient across most categories and regions. Profitability in Q2 improved sharply despite rising input costs on account of calibrated pricing actions, premiumisation and working capital interventions.
grew 14% YoY to Rs. 2,216 mn in Q2FY21 from Rs. 1,938 mn in Q2FY20. PAT margin at 10.5% in Q2FY21, was up 184bps YoY vs Q2FY20.
6,276 mn. ROCE stood at 26.6% in Q2FY21.
Highlights on consolidated performance for the first half ended September 30, 2020