Pidilite Industries Limited CC-Sep24.pdf · 2024-10-24
Just 1 question. So, on the gross margin side, if you look at the VAM as a representative of raw material, I mean from $980 probably, it is still trading at lower prices. So, you always talked about, say, reinvesting for growth. Now when you are talking about, say, there is some possible slowdown or lull. Is it possible to reinvest even from such high levels of investment in A&P in last year? Or is it better to take that in the pocket when additional investment may or may not yield additional, say, growth in near term? So just thought on balance between margin and growth, especially from the perspective of already high investment that you are doing for last 1, 1.5 years?
Understood. Noted. Just 1 last question. I mean, so what would the VAM prices right now?