Sneha

“You said that there was no inventory gain or loss in this particular quarter, but we've seen a phenomenal improvement in margins. Would you want to give some reasons of why these margins have improved, despite the volume drop that we've seen, and also how sustainable are these margins going ahead?”

“What is the impact that you're now estimating in terms of margins going ahead, and for how long do you think that, you know, it will take to normalize? The reason I'm asking is you've already started taking actions in terms of reducing discounts and probably even increasing prices.”

“Firstly, if I look at the domestic realizations now, they have been largely slattish. This is despite taking a significant size increase in the month of March. While I understand our focus has been in the volumes, would we get some flavor on the realization?”