The management has explained that revenue in the present quarter has been impacted due to new licensing requirements, application w.e.f. from 30th September. Take away from concall:-
- R&D facility has become operational. The new manufacturing facility is likely to be operational by Q4.
- New manufacturing facility will be fully operational by next year and may contribute 25 Cr. to the topline.
- Expected US export revenue is 10 Cr. next year.
- Both the domestic and export sale is growing at a healthy rate of 30-40%.
Management has been forthcoming with all information. Happy reading.
Prevest Concall.pdf (3.1 MB)
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