Sneha

“The first question is related to margins itself. We have seen your gross margins falling just about $1.50 to QQ and, you know, remaining actually slattish wire-wise.”

“Team and congratulations on super strong numbers. Just a couple of questions on my end. While you already said there is no inventory gain element, while the product mix has not, you know, largely remained same, what would have led to the margin improvement?”

“One is you clarified the guidance already. I would like to ask, sir, you also mentioned that, you know, Tata, Jindal, you know, everyone is adding capacity on the, you know, on the upstream segment.”

“What would have been the industry-related decline in terms of quarter one volume? Just wanted to gauge this 15% higher than the industry volume decline.”