The revenue for Q2 FY23 included a benefit of Rs. 1,076 Crores from deferred recognition of
revenues arising from the settlement of old dues with the customers. The same quarter also had an impact of Rs. 1,771 Crores due to provision for doubtful debt.
Net net, the revenues are up YoY if you remove the last year deferred recognition adjustment.
Good results in my opinion.
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