'
Gabriel
India hosted a conference call on Feb 9, 2024. In the conference call, the
company was represented- by Manoj Kolhatkar, Managing Director and by Rishi
Luharuka, Chief Financial Officer.
Key takeaways of the call
In
Q3 FY24, passenger cars (PC) contributed 24% of total revenue, CVR 13%, two
wheelers/ three wheelers 61% and trading 2%.
In
terms of channel mix, OE contributed 86% of total revenue in Q3 FY24,
replacement 12% and exports 2%.
In
Aftermarket segment, passenger cars (PC) contributed 37% of total revenue
during Dec 2023 quarter, CVR 10%, two wheelers/ three wheelers 41% and trading
12%.
In
2Ws & 3Ws main drivers of growth included initiatives to enhance market
share with key customers like TVS , Bajaj and EV OEM, increased focus on
developing new products in EV and premium category, and the notable acceptance
of end products in the mar...
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