Revenue de-grew in the recent quarter, ACs are priced at a premium as compared to market, is that a reason for slow off takes of sales in that category, reviews seem good online.
is anyone tracking it actively? the margins have improved due to reduction in material cost in last quarter. wanted to know if this will be sustainable ?
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But they still feel too low in their recent concall they mentioned that not many retailers display their A/C and to get shelf space is an issue, like the management they are very frank and upfront. They are facing competition in 9-10kg segment from LG and samsung.
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Detailed q3fy24 inv ppt.