We would be providing live updates and key highlights of the Conference call.
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- shutdown mode from 22nd March to 3rd May.
- Some factory operated from 30 to 40 days last quater.
- Despite nil production in April and may, all the labor cost were paid
- Focus was towards reducing fixed costs
May was recovering period
In June company were back to normal production.
- July - 250,000 television were manufactured.
- Company has even extended the capacity.
- Delivered 13 millions LED bulbs in July
- For washing machine - very bad quater
- Government announcement for different schemes where 5 foreign companies and 5 domestic companies for manufacturing of electronics production.
- Comapny has applied for 2 schemes.