
Margin gains mask deflation; organic growth flatlines as acceleration narrative crumbles
organic growth · pricing deflation · margin expansion
BSE: 540005
P/L Snapshot
Q1 FY27 · standalone
Shareholding
Pattern breakdown
P/L Trends
(in crores)

organic growth · pricing deflation · margin expansion

AI adoption phase shift · Organic growth deceleration · Productivity deflation in pricing

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