Page 22 - Ebitda Margin News Today

V-Guard’s management said that high inflation is hurting demand but it expects some turnaround in the September quarter

Despite the Pink Love Sale in February, orders in the beauty and personal care segment fell by 7.4% in the March quarter compared to a 4% drop in the same quarter last year

In the March quarter (Q4FY23), while revenue grew 20% year-on-year to ₹10,337 crore, Ebitda growth has been slower at just 5.4%.

Despite the positive results, the Polycab India’s earnings growth could be tempered in FY24 due to higher advertising and promotion expenses

As covid related restrictions lifted in China, there was a significant ramp-up in supplies of agrochemicals from the country, weighing on post-patent product prices.

Overall, the company expects gross margin to hover around FY23 levels of about 41% in the coming quarters. Ebitda margin is likely to taper from the highs seen in Q4 and moderate to full-year FY23’s margin of about 17.5%.

The company’s operating revenue grew by 21% year-on-year (y-o-y) to ₹4,831 crore in the last quarter, surpassing analysts’ expectations.

The launch of sport utility vehicles (SUVs)— Grand Vitara and new Brezza—too did not do enough to increase the company’s passenger vehicle (PV) market share in FY23.

The launch of sport utility vehicles (SUVs)— Grand Vitara and new Brezza—too did not do enough to increase the company’s passenger vehicle (PV) market share in FY23.

A rebound in demand in rural India will be crucial for Dabur, as it derives a bulk of its revenue from these regions.