Revenue Growth Intact, Margins below Expectation;
Reiterate “BUY” on Attractive Valuations
Siyaram Silk Mills (SSML) sales, EBITDA and netincome grew by
22%, 12% and 4% YoY respectively during Q1FY14. EBITDA
margin declined 88bps YoY while remained still on QoQ basis
Reiterate “BUY” on Attractive Valuations
Siyaram Silk Mills (SSML) sales, EBITDA and netincome grew by
22%, 12% and 4% YoY respectively during Q1FY14. EBITDA
margin declined 88bps YoY while remained still on QoQ basis
