Volume growth stood at 37% – one of the highest in the past six quarters. While gross margins dipped by 40 bps due to material cost inflation, EBITDA margin improved 160 bps on better scale and cost efficiencies across businesses.
Valuations turn attractive as markets look beyond uncertainty: A Balasubramanian
Amidst geopolitical uncertainty, market expert A Balasubramanian suggests the worst may be nearing an end, with improving macro signals and reasonable valuations in Indian equities.