Hello sir, I hope I am audible?
Thank you so much, sir, for the opportunity and congrats on a super set of numbers. Sir, what I have noticed is that in your consumer business, what you have delivered the highest growth of 38%.
Questions across 3 calls
Aman Saifee
Iwealth Management
Cartrade Tech Limited
LT Foods Limited
So sir, I just want to revisit the earlier participant question on the gross margin side. So you meant to say that from the COVID level, the overhead cost has been still over to the subsequent year. So that's why the gross margin expansion is not really seen at the operating level side. Is that correct?
But even those that you see at the time of 2014 and 2015, when our gross margin were used to be 25%, at that time as well, our EBITDA margin, which would be at 10%, 11% and now it has gone up to 12%. Is that our business itself doesn't help the operating leverage, the increase in the sales, our percentage to first does also increases? If you see the employee, it was 2.3% as a percentage of sales, and then it has went up to almost 5.5%.
So sir, I just want to revisit the earlier participant question on the gross margin side. So you meant to say that from the COVID level, the overhead cost has been still over to the subsequent year. So that's why the gross margin expansion is not really seen at the operating level side. Is that correct?
But even those that you see at the time of 2014 and 2015, when our gross margin were used to be 25%, at that time as well, our EBITDA margin, which would be at 10%, 11% and now it has gone up to 12%. Is that our business itself doesn't help the operating leverage, the increase in the sales, our percentage to first does also increases? If you see the employee, it was 2.3% as a percentage of sales, and then it has went up to almost 5.5%.