Anil Rai Gupta

I've not seen this kind of a price escalation in the recent past, in the recent memory. Usually it happens, but it is not so steep and not across all product categories.

Our investments continue to be there, whether it is in innovation, whether it is in brand building, distribution reach also. Those investments don't slow down during a tough period.

The biggest thing about any consumer-oriented brand builders, brand-oriented business is something where it's an easier answer that you can't really say, 'Okay, if I have to fully utilize my capacity, I'll lower down my price and start selling more.'

We delivered a healthy overall performance in the third quarter, which was primarily led by an accelerated growth in our cables business, driven by volume expansion and commodity price inflation.

We are in the process of taking calibrated price hikes and enhancing operational efficiency.

I think over a longer period of time, I don't think India demographics are such where we will continue to see tepid demand in these categories. We are quite hopeful of the future.

We delivered a healthy overall performance in the third quarter. This was primarily led by an accelerated growth in our cables business driven by volume expansion and commodity price inflation.

We remain optimistic about a gradual recovery in demand. However, we are cognizant of the industry headwinds such as cost increases on account of commodity inflation, BE rating changes, e-ways, etc.

We have been working closely with our channels to increase consumer uptake, and we believe that the channel inventories will normalize by the end of Q3.

The real play with Havells is kind of a branded premiumization. While competitive intensity keeps going up in every category, our focus has always been our strength, you know, innovation, distribution, and brand.

Quarter one was a challenging quarter with unexpected weak summer and prolonged subdued consumer demand.

We feel quarter one challenges are transitory and expect to drive revenue growth and margin improvement over the coming quarter.