AIA Engineering Limited — Investor Meet, 05-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
05-11-2024 · 05:01 pm
AIA Engineering Limited held an investors' conference call to discuss its recent financial results. The company reported a stable quarter with sales of 60,330 tons and revenue of INR 1,030 crores, although figures declined compared to the previous year. Management noted a cyclical downturn in demand due to customer destocking and supply chain issues. Despite these challenges, they remain optimistic about long-term growth and continue to pursue expansion opportunities and new customer conversions.
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