Can anyone clarify on this point – The company does order backed production + order backed raw material stocking then why there is a lag in passing the increase in raw material prices? Even if the raw material stocking is 85-90% of the order, there should not be much impact on margins because of increase in raw material prices. This being said the raw material prices as a % of sale have gone from 45% to 52% YOY. According to this there should not be any volume growth in this quarter then.
And if anyone can also help me understand – what are these new products which company is entering into? As per my understanding they are already well diversified in home textile category.
Disc: Invested
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