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.
Why Nifty Bank has underperformed Nifty50 in the past one year
Rallies in the markets may not present a clear picture of certain key developments. This is the very nature of the markets. A little bit