@Apandey My assumption is that volume growth has come about as mentioned above if we see Half year comparison. Also, I read in blogs that some one off events in both AP/Orissa like back to back “adhika ashadam” has played a role in lower sales growth. I cannot corroborate but I buy the logic as I myself has experienced this lean marriage season during casual family talks.
Basically, this is an undiscovered story with no institutional interest. With name “Virat Crane” no one expects it to sell an FMCG product with an excellent brand name ‘Durga’ and sticky consumers towards this eatery. On top of this, improving financial metrics and possible sales growth (due to volume growth) due to new plant in Orissa and Karnataka foray. As this is a micro cap, quarterly growth would be lumpy and we need to give time for sales growth thesis to play out. Again, I hold the stock so take my opinions in this context.
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