Anybody still tracking this ?
Q4 topline growth is good. I think highest revenue achieved till now.
But margins shrunk to ~11% on consolidated basis and 10% on standalone basis.
Even if we discount the one time expense of 4 Cr, margins are still under 13%.
Drop of around 4% when compared to last few quarters.
Management commentary is good but they have indicated some margin pressure in the near term till their new products reach break even levels.
Does anybody have any more insights into this ?
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