Revenue grew 16.4% year-over-year to Rs 1,033 crore, with operating EBITDA up 43.8% and margins expanding to 20.1%. Strong cash generation funded capex, and net cash position improved to Rs 465 crore. Long-term credit rating was upgraded to IND AA- / Stable.Original document: Usha Martin Limited [U…
Revenue grew 16.4% year-over-year to Rs 1,033 crore, with operating EBITDA up 43.8% and margins expanding to 20.1%. Strong cash generation funded capex, and net cash position improved to Rs 465 crore. Long-term credit rating was upgraded to IND AA- / Stable.
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