✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
SG&A spend to be 27.5%-28% of sales for FY25
Management expects SG&A as a percentage of sales to be in the range of 27.5%-28% for the full fiscal year.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1R&D spend to be 8.5%-9% of sales for FY25
Management expects R&D investment to be in the range of 8.5%-9% of sales for the full fiscal year.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1Normalized ETR around 25% for FY25
Management expects the normalized effective tax rate to be around 25% for the fiscal year.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1