Harsha Engineers International Ltd (BOM:543600)
₹ 497.25 4.35 (0.88%) Market Cap: 45.27 Bil Enterprise Value: 44.13 Bil PE Ratio: 34.44 PB Ratio: 3.68 GF Score: 18/100

Q1 2024 Harsha Engineers International Ltd Earnings Call Transcript

Aug 01, 2023 / 10:30AM GMT
Release Date Price: ₹432.4 (-3.50%)
Operator

Ladies and gentlemen, good day, and welcome to Harsha Engineers International Q1 FY '24 Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Vishal Rangwala, CEO and Whole-Time Director. Thank you, and over to you, sir.

Vishal Rangwala
Harsha Engineers International Limited - CEO & Whole-Time Director

Hi. Good afternoon to all. Thank you very much for attending this Q1 FY '24 investor call for Harsha Engineers. With me today on the presentation is Mr. Sanjay Majmudar, who is a strategic adviser to Harsha and Mr. Maulik Jasani, who is the CFO. I'm assuming that you have already had a chance to look at the numbers. However, our CFO, Mr. Maulik Jasani will take you through key numbers after my briefing.

As indicated in our previous call, the Q1 numbers are reflecting an overall subdued performance, primarily due to the underperformance of our subsidiary company as well as difficult market conditions in Europe and China region. However, we continue to perform quite

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