'
Techno Electric & Engineering hosted a conference call
on Nov 13, 2024. In the conference call the company was represented by P P
Gupta, CMD.
Key takeaways of the
call
Result not comparable on quarter on quarter basis. Typically 60% of annual revenue of the company
comes in H2 with H1 accounting only 40%. Even in H2 of any year Q4 will account
for about 35% of revenue and 25% in Q3.
With the company
expect a standalone revenue of Rs 2500 crore for FY25, the Rs 913 crore H1FY25
revenue is short by Rs 100 crore against Rs 1000 crore expected H1FY25 revenue
(@40% of Rs 2500 crore expected for FY25).
The short fall in revenue in H1FY25 is largely due to delay
in handover of land by the clients. The company has got land possession made
available with clearance for four projects (3 PGCIL & 1 Adani) and expects
lands possession made available soon for another 2 projects soon. With proje...
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