Q3-FY26 · Harsh Gandhi
The reduction of US tariffs on Indian imports from a potential high of 50% to about 18% is a significant development that provides meaningful relief.
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Q3-FY26 · Harsh Gandhi
We have prudently deferred the next stage of expansion including scaling up of the tire pyrolysis capacity and recovered carbon black facility are now expected to be commissioned by August 2026.
Q3-FY26 · Harsh Gandhi
We are reassessing the subsidiaries operating model to ensure the capital deployment aligns with return thresholds.