Revenues grew 9.1% YoY to Rs139 crore. EBITDA de-grew 19.5% YoY to Rs40 crore, while EBITDA margins declined 1018 bps to 28.6%. Net profit decreased 12.3% to Rs26.1 crore.
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Strong sequential recovery and beat on our estimates on the back of good human HC traction. But margins still below expectations and below the normalised range of 38-42% which we expect to reach in next few quarters.
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