Hi, good morning everybody. Thanks for taking my question. I had two-pronged questions. One is if you could maybe elaborate a little bit more on maybe lowering your market share target? And maybe throw some light on how has that market share trended over the last 3 to 4 years?
In the near term.
Thanks for taking my question. I have, first of all, a housekeeping question. Could you please tell me what were your exports for this quarter?
Now my first question is on growth in the India business, where we have seen much higher growth from Cavendish versus JK in the standalone. Could you please highlight what would be the difference that is driving that?
Sir, I had two questions. One was regarding the growth that we have seen in the OEM segment quarter-over-quarter. What is contributing to that, because most of the OEMs, we haven't seen a great growth in the production sequentially. And a commensurate decline we are seeing in the replacement segment when sequentially we typically see an improvement in the 2nd Quarter. So, could you shed some light on those numbers, please?
I'm talking about sequentially. From the numbers that I have, there's about Rs. 100 crores of addition, almost 15%-16% addition in the revenues quarter-over-quarter. Then the growth in 2- wheelers might not be that great, maybe around 6 %-8% kind of growth there, and CVs would be largely flat and LCV would be lower. So, would that mean that we have gotten into more OEM, certain models where we are present have done relatively better?
Hi. Thanks for taking my question. I had just one question regarding the profitability in the European business, where we have seen sequentially more than 20% kind of growth, but still the margins have gone down by 100 bps. You talked about certain restructuring activity that is happening there. Could you quantify that a little bit more?
Okay, thanks. I will get back in the queue.
Hi. Thanks for taking my question. I had just one question regarding the profitability in the European business, where we have seen sequentially more than 20% kind of growth, but still the margins have gone down by 100 bps. You talked about certain restructuring activity that is happening there. Could you quantify that a little bit more?
Okay, thanks. I will get back in the queue.
I had two questions and then 1 housekeeping question. So first one was, now that our TBR plant has started and you were also indicating that this will be primarily utilized for our exports to U.S., what kind of incremental growth can we see from this plant or this business alone and in the context of overall outlook or growth that you expect to be going good for the second half and maybe going into the next year as well?
Okay. That's good to know. The other question that I had was you have -- I mean I should congratulate you that you've seen that you have been quite at the forefront of taking the price hikes over the last couple of quarters, probably ahead of your peers. And you had also indicated the kind of pricing premium or discounts that you guys have over your peers across segments. Now that you have taken more price hikes probably than your peers that differential would also have come down. And so how much of a headroom do you see because of that or your pricing strategy would remain independent even more so now?
Hi, thanks for taking my question. I had a couple of questions. First one being -- so you guys have been quite proactive in terms of taking price hikes and not just taking price hikes for offsetting the impact of RM, but also improving your pricing position in certain segments. So I just wanted to understand cumulatively since, let's say, from the beginning of the year what would be the price hike that you have taken in each segment and how far according to you, you would be from the leader in those respective segments in terms of pricing?
So just to understand your pricing position versus peers could you shed some light on that?