Dheeraj Hinduja
Executive Chairman
Notable Quotes
Pledge is purely a treasury function and as a short-term measure. The promoter company has always subscribed to all capital calls made by the company, and the promoter company has always provided full support.
We are clear that we are not going to discount our products to win market share. Our market share wins will come on the back of our product superiority and our ability to deliver a delightful after-sales experience to our customers.
Our stated objective is to retain to this mid-teen EBITDA margin. That is why I think we're very clear of not really playing a discounting game and growing our market share on the basis of products and our extended network as well.
Our market share growth of Q4 and of April reflects a positive momentum in the MHCV trucks as well. Going forward, we are confident of increasing our market share in both the trucks and bus segments.