The operating margin before depreciation and amortisation (EBITDA margin) of JLR dropped by 620 basis points sequentially to 6.3 per cent because of lower sales volume, lower production of superior margin products, volume reduction in the Chinese market and higher input costs.
Ola Electric shares sink 6% as Q2 revenue falls 39% YoY. What’s next?
Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenue to Rs 421 crore, despite narrowing its consolidated