This is classic JC Bull28 Apr 2025 13:24
' However, this year, large shipments expected in March 2025 did not materialise. This was due in large part to the impact of local and national elections in India, which temporarily delayed decision-making processes, and also some consumer resistance to the transition to prepaid smart metering models.'
So the TU last year, that assured everything was going so well, has been derailed because of local elections. There's probably well trained Chimps in that part of the world who knew the election timing. Sadly, it's all come as a bit of a surprise to JC & HP. All the Non Exec really need to grow a pair, and get some talent in before this is too late.