Q3-FY26 · Rajesh Kumar Agarwal
Q4 is about control, defense, preparation and not short-term optimism. Priority remains in preserving long-term competitiveness.
Insecticides (India) · tone and specificity signals across the available quarters.
Language signals
Q4 is about control, defense, preparation and not short-term optimism. Priority remains in preserving long-term competitiveness.
This is not a structural margin erosion. The current phase is driven by market conditions, product mix, tactical business decisions.
The prices are already near the bottom so further deterioration is not expected because many of the prices are all-time low, I can vouch almost two decades.
We are entering into its 25th year, our silver jubilee. And we believe that is entering a new era of transformation and growth.
Our long-term strategy of premiumization and differentiated technologies is going strong.
We are trying to divide the risk by dividing the products and we are doing limited placement.