28% degrowth in high margin export market really dented this quarter…domestic market grown 12%
Going ahead its important to see how new launches at higher price point perform, how quick North America (Largest Market in the world) develops and Morris JV…interesting to note Mr. Jalan mentioned Morris will use India manufacturing base for export market…more details he promised to share post next quarter.
H2 is always better than H1 and Q4 is always the best quarter for the company…
Disc. Invested and biased…
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