Our capital goods and defence coverage universe reported a healthy quarterly performance with cumulative revenue growth of 8.6% YoY to Rs1.5trn and EBITDA/PAT growth of 7.2%/6.9% YoY to Rs224bn/Rs153bn despite a higher base. The product companies continued to benefit from strong domestic demand while the Chinese dumping, geopolitical and tariff related uncertainties dented the export business of product and industrial consumable companies. The project companies […]
The post Capital Goods & Defence Sector Posts Strong Q4 with 8.6% Revenue Growth, 10.2% Order Intake Rise Amid Domestic Demand and Defence Indigenization Boost first appeared on Business News Week.