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Systematix Research Report
The consolidated revenue/Ebitda/PAT of the nine consumer electrical companies under our focus in Q2 FY25 are expected to clock 13%/8%/11% YoY growth, driven by healthy growth in cables and wires and low base for FMEG companies.
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Weak consumer sentiment continued to hurt demand of small domestic and kitchen appliances. While the festive season started on a soft note with a likely YoY decline in sales during Onam, companies are hopeful of demand revival by the festivals in Q3.
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