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Sharda Motor Industries hosted a conference call on Feb 5, 2025. In the conference call, the company was represented by: Mr. Aashim Relan, Chief Executive Officer and Mr. Puru Aggarwal, President and Group CFO.

Key takeaways of the call

In Q3 FY25, PV segment reported modest 3% YoY growth. Management expects recovery in PV segment driven by effective marketing strategy by OEMs and new model launches.

CV segment is also expected to recover supported by government infrastructure push.

With strong agricultural sentiment and favorable monsoon conditions, sales in the tractor segment are expected to see significant growth.

In Q3 of FY25, the company secured a new order for its suspension business worth approximately 4 million dollars annually, with production expected to start (SOP) in Q1 of FY26.

The company is optimistic...

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