Kapil Singh

“And the second question was on NICA Now. Could you comment on the economics of NICA Now? What are the contribution margins after fulfillment and last mile delivery costs?”

“Firstly, I just wanted to check on both the market growth that you mentioned in aftermarket 6%. That is in line with the industry. And, you know, it appears a little soft.”

“First, we just wanted to understand top down, you know, we are seeing a growth acceleration for last few quarters. Are we still on that trajectory? And what is really contributing to it?”

“Firstly, just on the demand side, you know, we have hit an ASP of 160K now. It's probably in the premium motorcycle segment category. So, just wanted to understand.”

“We have seen very strong gross margins, actually an improvement at a time when there was severe cost pressure. So can you just talk us through how much cost pressure we faced during the quarter and how we were able to mitigate that?”