Another quarter of missed commitment – reason – semiconductor shortage… Till last quarter concall, company was confident of achieving Rs 1000 Cr topline. In this quarter’s concall, no mention of 1000 Cr revenue guidance for FY23. But now FY24 revenue guidance is 1500 Cr. (FY23 could be 800-900 Cr)…:-
On positive, they have huge order book and management does not shy away from concalls even when they are missing their own estimates (this is big deal when we see many small companies doing concalls only when results are good).
Subscribe To Our Free Newsletter |