Dissapointing margin for Maize segement. I believe this was mainly because of higher maize prices in Q2 and Q3. In Q4 prices seems to be fluctuating but lower in April. Hope margins to increase in the FY24Q1 & Q2 if company grabs the opportunity of buying maize at lower prices. GAEL should be able to buy at opportunity considering their past record.
Do we have any other reason for the loss in margin by 4%?
When doe we expect revenue increase after Malda plant being started?
Subscribe To Our Free Newsletter |