BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
KRChoksey Research Report
Emmbi Industries Ltd. reported revenue growth of 23.9% YoY/25.8% QoQ to Rs 925 million, mainly on the back of good growth in exports.
Ebitda has seen a growth of 1.7% YoY/14.8% QoQ to Rs 87 million, while Ebitda margin contracted by 206 basis points YoY/90 basis points QoQ on account of higher other expenses.
Due to higher freight costs (shipping rate) in the international markets, which has seen an uptick of nearly 50% in the month of March only, other expenses has seen a 32.5% YoY/29.4% QoQ increase, thereby impacting Ebitda margin both on YoY and QoQ basis.
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