Another Point to add:- Elecon includes manufacturing expenses to GM Calculation.
Ebitda Margin guide was maintaining it between 22%-24%.
Entire reaction is possibly driven by miss on Gross margins, as pointed above ^^
Ebitda Margin guide was maintaining it between 22%-24%.
Entire reaction is possibly driven by miss on Gross margins, as pointed above ^^
Q1FY24 Results are out!!
Reason why it pays to not act quickly just post results come and sit back and analyse :)
Reason why it pays to not act quickly just post results come and sit back and analyse :)
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