Q1-FY27 · Mr. RV Patel
We don't manufacture anything anywhere in the world including India. We get everything manufactured as per requirement from the manufacturers mainly from China. So 100% is contract manufacturing.
Sharda Cropchem · tone and specificity signals across the available quarters.
Language signals
We don't manufacture anything anywhere in the world including India. We get everything manufactured as per requirement from the manufacturers mainly from China. So 100% is contract manufacturing.
The process of registration is full of uncertainties. Nobody can say when will he receive the registration and at what cost.
Last year quarter 1 June 25 had 73.1 crores of gain which is basically an unrealized gain on account of a sharp favorable movement of almost 10% in Euro USD whereas in the current quarter there is only 1% movement in the forex mainly euro so that has resulted in the higher exchange gain accounted in the last quarter versus current quarter.
We are very confident that 15% [volume growth] is achievable [for FY27].
Registration process is full of uncertainties and nobody can predict how much time will it take. A registration may be obtained in one year or two years and the same registration can take six to seven years.
Prices are also moving up. The speed is less but it is moving up. We expect the growth in our total revenue to be around 15 to 20% in FY27.