While revenue exceeded estimates, margins came under pressure due to elevated raw material costs, however, IDBI Capital believes the company's operational efficiencies, improving product mix, and expansion into high-margin segments support its long-term growth outlook.
While revenue exceeded estimates, margins came under pressure due to elevated raw material costs, however, IDBI Capital believes the company's operational efficiencies, improving product mix, and expansion into high-margin segments support its long-term growth outlook.
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