Revenue for the quarter was Rs 1,642 crore, up 12% YoY.

Profit before tax increased 14.51% to Rs 785.24 crore in the quarter ended 31 March 2024 as compared with Rs 685.76 crore in the quarter ended 31 March 2023.

The three months ended 31 March 2024, the Products business posted a revenue of Rs 1,491 crore, up 12% year-over-year, and operating income of Rs 718 crore, up 13% year-over-year. For the same period, the Services business posted a revenue of Rs 151 crore, up 13% year-over-year, and the operating income of Rs 44 crore, up 47% year-over-year.

Meanwhile, the company’s board has declared an interim dividend of Rs 240 per equity share for FY24.

Makarand Padalkar, managing director and chief executive officer, said, “This was a result of our winning portfolio of produ...

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