More than 1000 companies have reported their Q1 FY24 results! Here are 5 interesting themes that stood out for us! A supply glut in Agrichemicals Driven by a glut in Chinese supply and a channel level destocking - Indian agrichemical players saw a revenue decline and a stronger margin contraction off 5-25% lower realization across products. Managements have guided for an improvement from H2 FY24.
5 key themes that we saw across Q1
5 key themes that we saw across Q1
5 key themes that we saw across Q1
More than 1000 companies have reported their Q1 FY24 results! Here are 5 interesting themes that stood out for us! A supply glut in Agrichemicals Driven by a glut in Chinese supply and a channel level destocking - Indian agrichemical players saw a revenue decline and a stronger margin contraction off 5-25% lower realization across products. Managements have guided for an improvement from H2 FY24.