• Industrial motors growth: The segment has maintained double-digit growth and profitability improvement over the last 3–4 quarters, supported by accelerated 6–9 month R&D cycles for energy-efficient motors launching from August.
• Railways division impact: The railways business absorbed a 20 crore impact from product design changes during new product development, but it is stabilizing while pursuing export opportunities alongside Indian Railways.
• Price hike realization: The company recently implemented a 5% price increase to pass on commodity inflation, with further price adjustments dependent on future commodity price movements.
• Order backlog momentum: Total order flows and the backlog remain healthy, maintaining double-digit growth driven by strong demand across the motors and railways segments.