It has impacted the sentiment because that could further impact growth and that is what the market is slightly worried about. But having said that I think overall at least from Indian market perspective we are not seeing any major impact on earnings growth.
ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of
August 15, 2026