RHI MAGNESITA INDIA LIMITED CC-Sep23.pdf · 2023-11-09
First of all, congratulations on posting a great set of numbers. What I am trying to understand is, the last time we spoke, you said that we could do about 80% to 85% in terms of utilization. We have obviously done a bit more in RHIM and RHIMIR and JSP and lower. So what I want to understand is going forward over the next 4 to 8 quarters, in what sense do we see where our capacity utilization stabilizing at? And in terms of margin, do we see if there is a jump in capacity utilization, what kind of margin increase do we see from 15% going forward?
Correct, correct. I just have one more question. So based on now that the open offer has ended for RHI N.V. from Ignite Holdings and last time I am sure you couldn't comment on it. What I want to understand is, has there been any change in the strategy per se after Rhone capital has acquired that stake? Because there has been an uptick in the kind of acquisition that RHI N.V. has been doing with respect to China and otherwise. So, is there a change in our strategy at a group level as well?