As of Mar 31, Action has sold 3054 (highest quarterly ever) VAHAN registered vehicles in Q4 (Jan-Mar) FY24 qtr. This was 2132 QoQ, and 2249 YoY, nearly 40% jump. If there are no other -ve surprises, we might have a good possibility of hitting Rs.10 EPS for Q4, and Rs.30 for entire FY24. Super Bumper results can be expected.
Note: After Covid years, the Q1 of a FY has been bigger than Q4 of previous FY for last 2 years, so if we see that happen this year, that will be icing on cake. Not sure if Elections are going to have any -ve impact, will see in the VAHAN number by end of April/May.
Monthly VAHAN numbers:
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