Evidence Synthesis
PurplesWave Sees Accelerating Gross Margin and Marginal Operating Leverage PurplesWave reported a quarterly gross margin of 20.81%, accelerating from 10.81% in the previous quarter.
The company's marginal operating leverage also accelerated to .81%, up from 7.87%.
However, revenue growth year-over-year decelerated to .1%, down from 44% in the previous quarter. The daily volume moved to 3000 shares, decelerating from 53559 shares in the previous day.
The close price remained flat at 120 INR.