Future Commentary by Management:
- Export is expected to regain strength as China sees demand pickup in Oct-Mar due to season.
- Good demand for technical/formulations is seen in the domestic markets.
- US market operations ramping up and one product registered. Stream of revenue will increase.
- 2 more products for registration in US are in the pipeline, one herbicide and one insecticide.
- Revenues will double from US in FY23 and targeting 50 crores from USA in FY24.
- Phase -1 of Sarigam Facility will commission in Q4 FY23. And Phase-2 in Q2 FY24.
- Another pesticide facility in Saykha will get commissioned in FY24/FY25.
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