It’s Q1 Was Hit by IPL Costs and a Soft Market, But the Recovery Seems Intact
Orders dipped 5.7%, margins fell on Rs 1.37 billion of IPL expense, but year-on-year PAT more than doubled, and order recovery and new business scaling as the key levers Seasonality is a well-understood feature of Angel One’s business — and Q1FY27 was a quarter where that seasonality expressed itself fully. The Indian Premier League, which … Read more