Ardee Industries Q1 revenue up 36% YoY; EBITDA margin slides to 9.9%
Ardee Industries Q1 revenue rose 36% YoY to ₹3.4B from ₹2.5B. Net profit increased to ₹199M from ₹188M in the prior year. EBITDA remained flat at ₹335M, causing margin contraction. EBITDA margin fell to 9.9% from 13.44% year-on-year.