Firstly, just one data keeping question. Can you just help us with the futures revenue and options revenue for this quarter?
Yes, yes.
Questions across 3 calls
Harsh Shah
HSBC Asset Management
Multi Commodity Exchange of India Limited
CRISIL Limited
Yes, good evening, gentlemen. Thank you for the opportunity. Just a few questions on Q1 results, and then I have a couple of questions on an overall strategy basis. That Q1, you had a heavy quarter last year, and because of which this quarter was a bit benign. On top of that, is there any slowdown that is being witnessed in this quarter, which has also led to a little bit of comparatively sluggish numbers? And if yes, will that slowdown also persist in terms of numbers throughout the calendar year '24 also?
Yes, sorry. My line got dropped. I hope I am audible right now.
Paradeep Phosphates Limited
Hi, good morning everyone and thank you for the opportunity. A first question is on the scheme of arrangement itself last quarter when we had a conversation when I had asked this question it was there in the news it was very clearly said by the management that they are not going to look into anything and they are just focusing on what they have in hand right now, which is continuous optimization of the Goa plant, what changed in one quarter?
Right. So another follow up is since now you have anyways amalgamating the company into Paradeep just like you took lot of initiatives to turn around the plant of Goa what are the plans that you will need to do in case of MCFL for it to get a better yield and those were the two questions on the scheme of arrangement, and just one question on the company’s reported earnings is in your gross margin how much of that incremental gross margin that you have made on a quarter-on-quarter or a year-on-year basis is because of the backward integration and how much of that is because of let us say you are having some low cost inventory in your books and that has led to incremental margin basically what I am trying to understand is what is a steady state gross margin that you envisage going forward?