V-Mart Retail, Dilip Buildcon Ltd, Rajesh Exports, Gujarat Mineral Development Corp, UPL and Laurus Labs were among some of the companies that saw steep cuts in earnings estimates for FY25.
Varroc Engineering: Jain said his company's Ebitda margin improved YoY due to improvement in Indian and overseas operations and certain incentives from the government. Sequentially, Ebitda margin was up 50 bps, he said.