PG Electroplast Limited CC-Dec23.pdf · 2024-02-13
Firstly a couple of data-related questions. Can you provide the volumes of RAC IDU ODU and washing machines that you did in Q3?
So actually why I am asking because like you said, one, there was some sort of inventory correction and then the ASP also went down and hence the revenue is down. So it is difficult to assess whether on volume terms we have grown. And hence in your Q4 guidance you have built around 40% growth Y-o-Y in Q4 f or the product business. If there is an ASP decline of around 8%, 10% that means you nee d upwards of 50% of volume growth in Q4, right, on the last year Q4 base.