Hi All,
If we check the results and segment wise profits it is quite evident that the consumer durable segment has reported loss,other segments like Electronics and Electricals have reported profit.
But if we have a significant look we can see that profits have somewhat halved in the segments like Consumer durables(657.85 to -(867.86)) and Electricals(1,315.96 decreased to 553.64) but in the Electronics segments(comprising of Stabilizers, Digital UPS, UPS and Solar Inverters) for which they are market leader,their profits have significantly dropped from 4,961.77 to 933.32(decreased by almost 3/4th).Please see the image for more details.
Fellow VPs kindly let us know what you make out of this results.I am pointing this because they are market leaders in the electronics segment and they have performed better in other segments comparing to their core competency interms of the profits.Please note that the comparison is YoY and figures are in lakshs.
Thanks,
Deb