AWL Agri Business Limited CC-Dec23.pdf · 2024-01-31
My first question is on edible oil. The volumes are flat. The other listed company also saw dip in volumes. So, whenever we see sharp inflation followed by sharp deflation generally the local players come back, so wanted to understand the competitive intensity I'm not referring to the market share data because that can or cannot capture the real situation on ground. I wanted to understand are you happy with the flat volumes you have seen given festival season this time there was the full benefit unlike last year when it was split between Q2 , Q3 plus the marriage demand was also very strong. In that context flat volumes and local players if you could discuss in terms of competitive situation?
My second question is on the Argentina soya issue in terms of the political development there and the container cost which has gone up sharply. So, could you discuss what can be the impact because after many quarters you have seen finally a stable quarter with 3.94% EBITDA margins which is a good number, but do you see the margins coming at risk because of the Argentina development or the container cost escalation?