Vardhman Textiles Limited CC-Dec24.pdf · 2025-01-22
Sir, my first question is on the margin front. I mean, I understand that spot spread and the company performance cannot be related to one-on-one, but cotton prices has gone down in Q3 and yarn prices. Whatever industry data we look for, there was a go od spread versus Q2, there was a good improvement in the spread, but that is not getting reflected at all in sequential margin improvement. Could you just highlight this thing that whether we will have better improvement in Q4 with some delay or any other reason?
But we can go for Q4, right, because the lower cotton prices, which is now that will get reflected somewhere in our number, right?