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Tega Industries held a conference call on 08 August 2024 to discuss the results for the quarter ended June 2024 and way forward. Mr. Mehul Mohanka - MD & Group CEO, Mr. Sharad Kumar Khaitan – CFO and Mr. Pratik Basu Roy – President – Product Management, Global Sales & Marketing of the company addressed the call.

Highlights of the Concall

• Revenues increased 27% to Rs 339.98 crore in Q1FY25 compared to Q1FY24 mainly due to spillover or the carry forward from the last quarter that is Q4FY24 to the current quarter and higher service income.

• The equipment business performance was lower in the current quarter due to delay in receipt of payments, inspection reports and certain dispatch clear clearance certificates from few customers which is expected to be regularized in Q2 of the current financial year.

• The company has a strong order book at a group level of Rs 560 crore as at June 24 against an order book of Rs 520 crore as against June ...
  
  
  
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