Q1 2025 Harsha Engineers International Ltd Earnings Call Transcript

Aug 07, 2024 / 11:00AM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Harsha Engineers International Limited Q1 FY25 earnings conference call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Vishal Rangwala, CEO of the company. Thank you, and over to you, sir.

Vishal Rangwala - Harsha Engineers International Ltd - Chief Executive Officer, Whole time Director

Hi. Welcome to all of you for Harsha Engineers quarter one FY25 earnings call. As per our normal practice, our CFO, Mr. Maulik Jasani, will take you through the numbers in greater detail. However, I presume that you would have had a chance to look at that same.

First and foremost, I'm happy to report that quarter one FY25 performance is very much in line with our expectation. Except for continued softness at Romania level, which I will talk about at greater length a bit later.

As you would have seen, although the top line growth in quarter one FY25 appears to be slightly muted as compared to quarter one FY24. The profitability growth is quite

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