Hi,
Thanks for highlighting most of the positives. However the real problem is the revenue itself. The slowdown in CV and tractor segment has impacted the sales and management expects the same to remain in near future. They have also curtailed some earlier planned investments. So no real revenue growth to be seen in near future.
And another major contributor in profit growth is optimization of internal controls like cost and production not from improving product mix only which is kind of one time event and cannot be improved beyond certain point.
In my view above points have resulted market disliking the result.
Thanks,
Deb
Subscribe To Our Free Newsletter |