Evidence Synthesis
AsianTiles Sees Accelerating Gross Margin and EPS Growth, While Marginal Operating Leverage and Daily Volume Decline.
AsianTiles' (ASIANTiles) gross margin accelerated to , up from -6.91% in the previous quarter. The company's earnings per share (EPS) also showed an acceleration, rising to 0.74 INR from 0.468 INR in the previous quarter. On the other hand, the company's marginal operating leverage declined to -6.91% from 1.12% in the previous quarter. The daily volume moved to 119458 shares from 4392567 shares.
AsianTiles' close price increased to 48.73 INR from 48.59 INR in the previous day. The company's revenue growth year-over-year (YoY) is 14.1%.