Brief: Hikal Says Muted Volumes And Pricing Headwinds, High-Cost Inventories On Customers Side Impacted Topline And Profitability In Q1
08/08/2023 11:17
Aug 8 (Reuters) - Hikal Ltd HIKA.NS :
* MUTED VOLUMES AND PRICING HEADWINDS, HIGH-COST INVENTORIES
ON
CUSTOMERS SIDE IMPACTED TOPLINE AND PROFITABILITY IN Q1
* PERFORMANCE IS EXPECTED TO GRADUALLY PICKUP AND OPERATING
LEVERAGE TO IMPROVE IN SECOND HALF OF THE YEAR
Source text for Eikon: ID:nBSE4PzS3D
Further company coverage: HIKA.NS
((Reuters.Briefs@thomsonreuters.com;))
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