Revenue rose by 20% annually to Rs 1,284 crore between FY20 and FY22, while net profit dropped by 16% to Rs 76.4 crore. Revenue growth was driven by the acquisition of SGS. This however resulted in a sharp drop in the operating margin before depreciation and amortisation (EBITDA margin) to 11.3% in FY22 from 16.8% in FY20.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,