In my opinion Growth will come from the uptick in the conversion rate of passengers, which is around 7.3% in Q2 and It was 6.2% in Q4FY23. They supposed to close some international deals, which will boost the growth at an exponential rate as it will add pax.
Over all on bearish case i am confident about their 20-30% growth, margins may improve slowly on QoQ basis as volumes increase.
| Subscribe To Our Free Newsletter |
