Rahul Shah
Chief Financial Officer
Notable Quotes
Our Q3 results showcased the strength of our balanced growth strategy, systematic execution, and innovation-driven new product launches.
We expect to start the commercial production from the first building during Q2 FY27.
The partnership combines Fila's global reach, Seven's product designing and knowhow, and DOMS' manufacturing and execution capabilities.
Despite the impact of GST 2.0 transition we continued our growth momentum in Q2 FY26 with an increase in sales of over 24%.
If this transition impact would not be there our sales could have been about 3 to 4% higher than what we've reported for the quarter.
We believe these reforms coupled with the income tax reductions introduced in budget 2025 will have a long-term positive impact.
Our performance for the quarter was in line with our expectations and we believe that we will be able to achieve our guidance of 18 to 20% for FY26.
The foremost risk that we see in the business is our ability to timely increase our capacity.
We are still a new entrant in the pen segment... we'll be about 3 to 4% market share, which gives us a big runway to grow.