The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers. This is expected to change given the improvement in the margin for the six months that ended September 2024 due to rising operating efficiency. The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers. This is expected to change given the improvement in the margin for the six months that ended September 2024 due to rising operating efficiency. Economic Times
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