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Polaris Q2 net profit dips by 28% at Rs 41.14 cr, CEO quits

Total income of the company decreased by 7 percent to Rs 506.72 crore during the reported quarter from Rs 542.49 crore in the same period a year ago, the company said in a filing to BSE.
Saw 9 deal wins; aim for 15-16% EBITDA margin: Polaris

As a testimony to its new strategy, Jain says the company saw nine new order wins during the quarter. Jitin Goyal, CEO of Polaris too adds that the company expects medium-term EBITDA margin in 15-16 percent range.

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Jitin Goyal

Polaris Q2 net profit dips by 28% at Rs 41.14 cr, CEO quits

Saw 9 deal wins; aim for 15-16% EBITDA margin: Polaris