The company says that the sharp drop is largely due to the premature redemption of the Golden Harvest Scheme as the scheme contributed 54 percent of the revenue in Q2FY15.
During the quarter, EBITDA is likely to fall 21.3 percent at Rs 262 crore versus Rs 333 crore while EBITDA margins is seen at 9.2 percent against 9.3 percent (Y-o-Y).
The company will continue with its expansion plans irrespective of soft demand and plans to add one lakh square feet this year.