On Wednesday evening, INDUS reduced its FY’25e guidance, especially due to a soft Materials Solutions segment, which is impacted by the 10% base tariff on US exports and extended export controls on tungsten compounds from China.

09 May 2025
FY’25e outlook reduced due to tungsten supply chains; chg. est.

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FY’25e outlook reduced due to tungsten supply chains; chg. est.
On Wednesday evening, INDUS reduced its FY’25e guidance, especially due to a soft Materials Solutions segment, which is impacted by the 10% base tariff on US exports and extended export controls on tungsten compounds from China.