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Smallcap stock skyrockets 15% as Q2 profit jumped 160% YoY

EBIT stood at Rs 30.64 crore in Q2 FY24, compared to Rs 15.85 crore in Q2 FY23, improving 93.37% YoY. EBIT margin for the quarter increased to 9.91% compared to 9.11% in Q2 FY23. Improvement in operational efficiency and supply chain measures helped improve the margins.

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