Ind-Ra-Gurugram-8 February 2022: India Ratings and Research (Ind-Ra) believes the FY23 Union Budget has a neutral-to-positive impact on the micro, small and medium enterprise (MSME) sector
M&M (incl. MVML) is all set to post 12.9% QoQ growth in revenue with a sharp 19% QoQ rise in auto volumes
Sales rise 17.78% to Rs 0.53 crore
Sales rise 67.42% to Rs 2.98 crore
Sales reported at Rs 0.07 crore
Sales rise 52.83% to Rs 1.62 crore
Sales rise 82.04% to Rs 203.90 crore
The said equity shares shall rank pari-passu with the existing equity shares of the Company in all respect.
Ray has a rich experience of more than 20 years in Castrol in sales, marketing, and business development across India, the United Kingdom, the Philippines, and Indonesia, the company said.

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