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The earnings season (Q2 of FY24) is about to start. Infrastructure theme, especially road infrastructure companies, has seen decent traction in the past 2-3 years. All eyes are on how major road construction companies improve execution, even as new orders hold the key for future growth. Here are four charts which tell the story.
The revenue growth is not expected to result in higher gross margins.
The EBITDA is expected to grow on absolute levels but margins may remain flat.
The bottom line is expected to improve.
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