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EMS Q1 Results Preview: Moderate Growth, But Margins To Expand Projects PL Capital
Avalon, Cyient DLM, Kaynes, Syrma are expected to see margin improvements of ~740/20/120/420bps YoY.
10 Jul 2025, 04:15 PM IST i

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In Q1 FY26, margins of the EMS coverage companies are expected to expand due to cost rationalization and increased contributions from high-margin sectors/segments.
(Source: Unsplash)
Looking ahead, PL Capital expects pickup in order book across electronic manufacturing services companies, supported by their strategic focus on higher margin sectors and orders, which should further support margin expansion in the coming quarters.

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