'
Sharda Motor
Industries hosted
a conference call on Feb 5, 2025. In the conference call, the company was
represented by: Mr. Aashim Relan, Chief Executive Officer and Mr. Puru
Aggarwal, President and Group CFO.
Key takeaways of the call
In Q3 FY25, PV segment reported modest 3%
YoY growth. Management expects recovery in PV segment driven by effective marketing
strategy by OEMs and new model launches.
CV segment is also expected to recover
supported by government infrastructure push.
With strong agricultural sentiment and favorable monsoon conditions, sales in the tractor segment are expected to see significant growth.
In Q3 of FY25, the company secured a new
order for its suspension business worth approximately 4 million dollars
annually, with production expected to start (SOP) in Q1 of FY26.
The company is optimistic...
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