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EPL conducted conference call on 12 February 2025 to discuss the financial results and performance of the company for the quarter ended December 2024. Mr. Anand Kripalu – MD & Global CEO and Mr. Deepak Goyal– CFO along with other senior management of the company addressed the call
Highlights of the Concall
- Revenue growth was a modest 4%, driven by strong performance in Europe and Americas, partially offset by AMESA and EAP. Europe and Americas grew by 8.7% and 7.3%, respectively while AMESA grew by 1%, impacted by demand slowdown in India and currency devaluation impact in Egypt. The company believes the market softness in India is short-term in nature. EAP revenue declined by 1% due to the continued effect of macros in China.
- AMESA (Africa, Middle East and South Asia include operations in India and Egypt) revenue rose 1% to Rs 353.5 crore in Q3FY25 compared to Q3FY24 with Ebitda degrowth of 9.5% to Rs 62.7 crore. Ebitda margin fell to 17.7% fr...
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