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Congratulations on the good set of numbers. Couple of macro -related questions. First, we've already spoken a lot on the US side, but just to understand the, now that India's tariff position in US has normalized have we really seen any tangible change in the sourcing allocation in the first quarter from customers, either a higher wallet share for India or consolidation towards the larger integrated vendors like you.
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During the last one year, had we lost any market share because of the tariff issues, or we didn’t lose any market share of any of our customers?
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Understood. Secondly, just wanted your thoughts on RoSCTL. RoSCTL is up for termination by September. Any thoughts on whether government is looking at extending it further or how is government thinking of dealing with it? Because if RoSCTL gets eliminated, then for us, the export incentive as a percentage of our EBITDA is quite decent. How are we looking at it, and what are your thoughts on that?
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Analyst questions
Aradhana Jain
36 0 ONE Capital Market
1Call
1Company
WELSPUNLIV
All company callsWelspun Living Limited
Welspun Living Limited CC-Aug26.pdf
13 Aug 2026