Van Vliet said the company is running a full post-incident review, writing that he cares less about the one-line root cause and more about why a single failure was able to cause such widespread disruption.
For those already arrested or detained in connection with these cases, the government said it would expeditiously begin reviewing the arrests and initiate their release under law.
According to the Income Tax Department, more than four crore Income Tax Returns (ITRs) had been filed as of July 27. The department urged those yet to file to complete the process at the earliest.
While revenue exceeded estimates, margins came under pressure due to elevated raw material costs, however, IDBI Capital believes the company's operational efficiencies, improving product mix, and expansion into high-margin segments support its long-term growth outlook.