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“ The company reported nominal revenue increase during the quarter, largely due to weak consumer sentiments driven by election related disruptions and severe heat conditions in many parts of India. We operate in a labour intensive industry which was impacted by an abnormal increase in minimum wages as mandated by the government. We decided not to pass on the higher costs to consumers in the current subdued market conditions, which has impacted profitability in this quarter. Capex incurred to manufacture higher volumes in the future have also led to higher depreciation expenses in this quarter,
Ramesh Kumar
Ramesh Kumar, 2 years
Relaxo falls 3% on weak Q1FY25 results; record date for dividend…

Statements by Ramesh Kumar

“ I was going to meet a friend when I heard a loud crash and then a cloud of dust. Everyone started running in all directions,
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Ramesh Kumar
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“ Their closure shows that they knew they did not have fire NOCs. As soon as the news broke that checking teams were being formed, the directors instructed staff to lock up. They are waiting for the…
Ramesh Kumar
Ramesh Kumar, 16 days
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