Evidence Synthesis
Kanungo Sees Quarterly Earnings Beat, but Revenue Growth Slows Down Kanungo reported a quarterly gross margin of 100%, accelerating from 90.65% in the previous quarter.
The company's marginal operating leverage also rose to , up from 62.11% in the previous quarter. Meanwhile, the stock price increased by , driven by a close price of , up from 9.1 INR in the previous quarter.
However, the company's revenue growth slowed down, with a quarterly revenue growth of , down from 460% in the previous quarter. The daily trading volume decreased to , down from 4,961 shares in the previous quarter.