New-age firms cushion Q1 raw material, diesel cost shock with price hikes, efficiencies
New-age consumer and logistics firms managed cost increases during the April-June quarter. Strong sales growth and selective price hikes helped limit margin impacts for many companies. Honasa Consumer's gross margin declined slightly, while Wakefit saw an increase due to price adjustments. Logistics firms like Delhivery largely passed on diesel cost rises through contracts.
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