Craftsman Automation Q2 Results Review - Strong Top-Line Performance, Margin Pressures: Anand Rathi

Demand for PVs and 2-Ws is expected to be strong during festival season as supply-side constraints have started to normalise.

Craftsman Automation Ltd. (Source: Company website)

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Anand Rathi Report

For Craftsman Automation Ltd., growth across segments were the highlights for the quarter. It continued to improve -addition across divisions.

Improving commercial vehicle off-take, driven by medium and heavy commercial vehicles and the off highway segments augur well for long-term growth.

Similarly, demand for passenger vehicles and two-wheelers is expected to be strong during the festival season as supply-side constraints have started to normalise.

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Anand Rathi Craftsman Automation Q2FY23 Results Review.pdf
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