Hey @divygupta
So Yes you are correct that any kind of RM Increase will result in the increase in the revenue as the it’s a pass Through
The Downward Revision is on the basis of Current Prices of RM if you see management has said that they are not committing to the statement that Price will go back to mean of RM and hence the statement that → weather the price inching up is likely to be a fire or Fizzle out
Hence in short downward revision is Excluding the increasing RM Prices
→ my bad should have framed sentence better
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