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Revenue jumped 47% YoY driven by passenger vehicle premiumization and EV adoption. Margins faced pressure from soaring copper prices and wage hikes.
Q2 FY27 revenue Rs4,054 Cr (+47% YoY), EBITDA Rs374 Cr (9.2% margin), PAT Rs223 Cr (+35%). H1 revenue Rs7,461 Cr (+42%); premiumisation and EV/ICE wins drove growth.