Stockrabit · Analysts
Questions across 3 calls

Atul Tiwari

Citi Group

Oberoi Realty Limited

Polycab India Limited

Polycab India Limited CC-Dec23.pdf · 2024-01-19
Congratulations on very strong execution in cables and wires business. Sir, my question is a little off-track, but I thought I would anyways go ahead and ask it, because most of the investors seek to have this question. So obviously, we have seen similar tax search on many other companies listed in the past. And in most cases, it has been resolved and nothing much has happened to the Company. And most likely here, the same thing will happen. But what has worried people more in Polycab's case is the press release by income-tax department, even though the press release has not mentioned Polycab. Sir, what is your take on this? This is slightly unusual. So what is your comment on this? And how does it -- does it worry you? Does it not worry you? Any color would be helpful.
Great. Very clear. And just the last question on the FMEG business. So I mean, obviously, after the distribution rejig, the environment has turned a little hostile for growth in that business. But if we take out the environment part of it, are you happy wi th the growth that you are doing in the FMEG business? Because to be very frank from outside of the Company, we are yet to see the results of the distribution rejig in the revenue growth number. So any comment on that would be helpful.

Tata Power Company Limited