ETMarkets Management Talk | Solar focus is a lucrative opportunity for wires and cables industry: Rajesh Jain, CFO, RR Kabel
“While we achieved a commendable 10.4% year-over-year increase in revenue, the company experienced a slight decline in Profit After Tax (PAT) and a dip in our EBITDA margin below the 7% mark. The main factor impacting our margins in Q3 FY24 was the volatility in raw material prices, which exerted pressure on our gross margins.”
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