Specifically, the company’s Ebitda margins betrayed expectations. The 10% year-on-year growth in the quarter is the highest in the last five years. Worse still, it is just a little over ABB India’s annual revenue and that is worrisome as it shortens the scope of revenue growth. During the period, the company’s revenue grew at a paltry compound annual growth rate of 2.8%, but its Ebitda contracted by 0.6%. In other words, the revenue growth does not trickle down to profits.

Source: Mint May 10, 2018 05:48 UTC