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.
April witnessed a slight inflow of foreign investments into Indian debt, but the atmosphere remains one of caution. Influences like escalating US and Japan interest
Indian markets are watching US stocks next week. Investors will focus on company earnings and job data. This comes as oil prices rise and the
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