Q1FY23 Result- Management Comments
a. Commodity prices softening. This will help in bottom line expansion but revenue will also get softened as they will need to pass the benefits to their customers
b. Management looked cautious on guiding the growth and 17000Cr Revenue looks stretchable
c. 6500-700Cr revenue from mobile division in FY23
d. Management guiding 35-40 percent growth
e. Washing machine segment EBIDTA margins can expand to 9% in coming quarters
f. Tieup with Google for android code on TVs will help in ODM segment for TVs
g. Acquisition of a company which has product line of bluetooth and wireless control for LED segment. This functionality can be extended to other segments like fans also
h. 310-320Cr Capex planned for FY23
i. Export of LEDs started to UAE
| Subscribe To Our Free Newsletter |
