Sir, just one question. Just wanted to understand for our Chennai factory, do we have any kind of state incentives that we'll be receiving?
Questions across 3 calls
Dhaval Somaiya
Axis Mutual Fund
Voltas Limited
Thank you for the opportunity. Just one bookkeeping question for Jitender sir. Does the reported depreciation of Rs. 18-odd crores reflect the entire CAPEX of the commercial ref capacity expansion and the Chennai plant? If not, what will be the peak depreciation number?
What will be the peak number once the entire capitalization of the CAPEX for both these CR and Chennai plant comes through, what will be the depreciation number once the entire CAPEX is capitalized?
Havells India Limited
Sir, in the previous quarter, you had highlighted that in switches and switchgear segment, the domestic growth was pretty healthy, which was -- if I recollect correctly, it was 12% on a Y-o- Y basis, but there was some export orders that you had highlighted in the previous quarter, which was supposed to be shifted in this quarter. So sir, if I were to take that into account, the growth in this quarter in switches and switchgears seems to have actually de -grown on a Y-o-Y basis. If you can just clarify that? Secondly, I would also like to understand that if these orders were shifted to Q2, I would believe that the expense for those orders would have been booked in Q1. And hence, the margins would have -- should have ideally imp roved because the cost for those orders were booked in the previous quarter. So if you can just help me understand this better. And secondly, on Lloyd, how should one structurally look at the margins going forward?