Strong Presence in segment like Hydro Power, Irrigation which has big opportunity: Hydro power, tunnelling and irrigation segment constitute ~93% of the Company’s Orderbook
The Gross Written Premium (GWP) for Q4FY24 stood at INR 209,376 Mn, up 34.9% QoQ. However, GWP was 7.0% lower than our estimates due to lower-than-expected renewal premium growth.