Mishra Dhatu Nigam Ltd KTA:
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FY24 Revenue guidence – 20%.
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order book is 1408 cr as of 1st July. Exports are 35 cr order in hand. 100 cr will negotiate in the coming quarters. Targeting 200 cr worth of exports in FY24 which would be 15% of revenue.
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pressure on margins due to higher raw material costs.
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Made high end products in this quarter for which you need to import at higher cost. That’s why margins were less.
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Order book split- Orders booked in this quarter mainly from defense (including aerospace).
https://twitter.com/Alazyinvestor13/status/1689164193348415489?s=20
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