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Purvanchal Vidyut Vitran Nigam Limited
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V-Marc India Q1 revenue doubles, but 10.7% margin makes the FY27 test harder
V-Marc India doubled Q1 FY27 revenue and lifted profit 163%, but EBITDA margin slipped below its 11% to 12% target. A new ₹100.74 crore utility order and ₹500 crore expansion programme now raise the execution stakes.