Multiple articles indicates that the demand for Iodine tablets have increased significantly due to ongoing Ukraine war.
This could be the reason for healthy revenue growth in last quarter and this could further reflect in revenue of next quarter as well.
But one point to be noted is, the war event began somewhere around Feb 2022. And if we look at the OPM of December quarter 2021 (Oct-Dec), we can assume that the OPM margin increase might have not been due to increased demand for Iodine due to war.
| Subscribe To Our Free Newsletter |
