Thanks a lot @RajeevJ for ur Views.
Segment Wise Break up: Revenue Profit
Consumer Durable Segment 191.61 Cr (154.76) 14.54 (16.05)
OEM and Packaged 81.04 Cr (130.03) 1.52 (2.6)
Air Conditioning
Heat Exchangers and 178.79 (113.30) 19.71(8.23)
Components Segments
The values in Brackets are the values in the previous years same quarter.
As you can see above it was the Heat Exchangers Segment that made the result look so good.
In Consumers durables segment although the revenue increased but profit has declined due to increased
advertising spend and competition.
Personally I think I will see one more quarter performance before tinkering with my allocation.
Will see how Diwali sales have done.
Disclosure : I am invested in it at average price of 238 and made it almost 3% of my portfolio
Thanks and Regards,
Kapil Gupta
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