Gaurav
Chief Financial Officer
Notable Quotes
If you see the total OCI margin for the YTD we stand at 13%. And if I add back this one-off I stand at 15.8% versus the 14.8% of the last year.
The aged receivables are more for the India business wherein we get the subcontracted business from the studios... it's not from those production houses.
Had the steelware products delivered the same growth as last year last quarter, we would have seen a significant growth in revenues for the consumerware segment in this quarter.
We remain confident of delivering about 8 to 10% overall growth supported by the steelware ramp up and glassware scaling in the next couple of quarters.
Glassware is a very long-term bet for the company. The entry barrier is extremely high. We are not worried about current profitability.