I think in urban, it is a slightly different story. I think what we are seeing is that look consumption on its own is not being impacted, but what we are seeing is a clear shift in consumption patterns where historically a lot of the consumption would have gone towards QSRs, towards FMCG, towards traditional retail, that is shifting now whether it is a phenomenon like a fast fashion, whether it is quick commerce, whether it is a food delivery, or concert sales.
Waaree’s gross margins are much higher than last quarter and even on a H1 basis: CFO
Waaree Energies is increasing production capacity and expanding into new markets. The company is focused on managing margins as prices decline. Waaree is also investing
November 19, 2024