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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.
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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Also Read: Cement Sector Q2 Results Preview - Companies Struggle Amid Persistent Price Pressures: DRChoksey
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