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EPL conducted conference call on 11 November 2024 to discuss the financial results and performance of the company for the quarter ended September 2024. Mr. Anand Kripalu – MD & Global CEO, Mr. M.R. Ramasamy – COO and Mr. Deepak Goyal– CFO along with other senior management of the company addressed the call
Highlights of the Concall
- Revenue growth at 8.4% was driven by good demand in major markets. In the AMESA region, revenue grew by 3.7% with growth impacted by currency devaluation in Egypt. India reported 5% growth. The EAP region grew at 8.7% and the Americas recorded a solid increase of 9.4%. Europe demonstrated particularly robust demand with a high-double-digit growth of 21% on a year-over-year basis.
- 5% growth for India is affected by negative price mix. In Q2 of the previous fiscal, the company had amongst the lowest commodity prices and a positive overhang of pricing. In subsequent quarters, it corrected the prices downwards in line wi...
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