In the concall, they downgraded their guidance of FY25 from medium growth to flat performance YoY.
Even considering flat guidance YoY, I feel H2 will be better when compared to H1 and even compared to H2FY24 due to dismissal Q2.
In september quarter as per export data they made all time high export it seems but the q2 result was not that good. Maybe as revenue will get realised when shipment is received by client ( export data from Nomura research report)
Dis : Neuland is my top holding.
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