TTK Prestige Chairman on Home-Appliances Maker's Outlook

TTK Prestige Chairman on Home-Appliances Maker's Outlook

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Business

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The transcript discusses the company's strong performance in the June quarter despite COVID-19 challenges, with a 71% top-line growth and a tenfold increase in profit. The outlook for the year is positive, with expected double-digit growth. Inflation has led to price increases, but the company has managed to pass these on to consumers. Concerns about economic recovery and low vaccination rates in India are noted, but the company remains optimistic. Supply chain issues, particularly with container availability, are affecting exports. Online sales have grown significantly, and the company is focusing on maintaining margins and addressing future business concerns.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the company have regarding the third wave of COVID and vaccination rates in India?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are being implemented to improve profit margins moving forward?

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