Modis Navnirman · tone and specificity signals across the available quarters.
Language signals
This margin compression is temporary and our long-term margin profile remains healthy. Our most importantly our profitability growth continues to be backed by actual project execution and sales conversion not financial engineering.
The war situation has made Indian scenarios a lot better for investment purposes because people have been more and more conservative and looking for India as a better opportunity to invest.
We are still debt-free despite rapid growth. We continue to maintain our debt-free model. We operate on a low leverage model, high healthy operating cash flows which we have seen in our projects.