Hi @Vik,
Even Q3FY24 should be taken cautiously as the management in their last con call indicated that the PLI payments will be live on FY basis. That is why they had initially postponed it to FY 24 instead of the present FY. Given that, We should expect it to get commercially live only in FY25 until which capsules should hold.
Disc: Invested
| Subscribe To Our Free Newsletter |
