A better product mix and a judicious call on staying away from EV scooter discounting should fatten margins. The maker of Apache expanded its margins by 114 basis points on a year-on-year basis to 11.2% in the December quarter and its operating profit (Ebitda) per vehicle rose to a record high of ₹8,397. One basis point is 0.01 percentage point.
Quick commerce poised to triple in market size by FY-27: Aditya Soman
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
November 19, 2024