Akash Satya
Head of Strategy
Notable Quotes
This sharp reduction is primarily attributed to a sharp surge in raw material costs across categories driven by disruptions in supply chain due to the war in the Middle East and challenging geopolitical situation.
We expect a revenue growth of 15% on a year-on-year basis. However, on EBITDA, we will be able to share the guidance perhaps only by next quarter as the current input cost situation is extremely volatile and difficult to predict.
Chinese pricing is somewhat of a mystery... I think definitely to us and a lot of other Indian industry at large.
Price erosion in lighting business is going to stop. The prices are going to head north for sure.