Highlights Revenues grew by 51.3% YoY to Rs 6,428 mn in Q2 FY22 led by strong volume growth across geographies Gross profit grew by 36.3% YoY to Rs 1,798 mn in Q2 FY22. Gross margin during Q2 FY22 stood at 28.0% EBITDA grew by 76.8% YoY from Rs 587 mn in Q2 FY21 to Rs 1,038 mn in Q2 FY22 EBITDA margin expanded by 233bps YoY to 16.1% in Q2 FY22 driven by volume growth and better cost management, partly impacted by change in product mix and inflation in the freight cost. PBT grew by 37.3% YoY from Rs302 mn in Q2 FY21 to Rs 415 mn in Q2 FY22, partly impacted by higher depreciation charge and forex loss in Q2 FY22 vis-àvis forex gain in Q2 FY21 PAT surged by 67.9% YoY from Rs 191 mn in Q2 FY21 to Rs 320 mn in Q2 FY22 PAT margin expanded by 49bps YoY to 5.0% in Q2 FY22 mainly due to lower effective tax rates (22.9% in Q2 FY22 vs. 36.9% in Q2 FY21) Revenues grew by 55.5% YoY to Rs 12,655 mn in H1 FY22 led by strong volume growth across geographies Gross profit grew by 46.0% YoY to Rs 3,624 mn in H1 FY22. Gross margin during H1 FY22 stood at 28.6% EBITDA grew by 96.1% YoY from Rs 1,073 mn in H1 FY21 to Rs 2,104 mn in H1 FY22 EBITDA margin expanded by 344bps YoY to 16.6% in H1 FY22 driven by volume growth and better cost management, partly impacted by change in the product mix and inflation in the freight cost. PBT grew by 66.3% YoY from Rs 649 mn in H1 FY21 to Rs 1,080 mn in H1 FY22 led by better operating leverage ,partly impacted higher depreciation & forex loss in H1FY22 vs forex gain in FY21. PAT surged by 49.2% YoY from Rs470 mn in H1 FY21 to Rs 701 mn in H1 FY22 PAT margin contracted by 24bps YoY to 5.5% in H1 FY22 mainly due to higher effective tax rates (35.1% in H1 FY22 vs. 27.6% in H1 FY21) Result PDF