Sir, my first question is on the export mix. So out of the 20% -- 27% of your exports, how much is wires and how much is cables currently?
All right. So your 35 of your export would be your cable exports?
Questions across 24 calls
Natasha Jain
Phillip Capital
R R Kabel Limited
Amber Enterprises India Limited
Congratulations team for a great set of numbers. Sir, I had two questions, my first question is on the RAC side. So, now in the past few quarters we did more of assembly because of which our margins were flattish. Now when I see your consolidated gross margin, you further declined by 106 basis points. So, I just want to know if you could throw some light as to how RAC components did versus RAC assembly, and some growth in between those two segments?
Sir, and my second question is on the Electronics side, and you have revised your guidance upward from 45 to 55%. Now, given in the short term we have capacity constraints for Ascent, also there has been ASP decline in hearables and wearables. So, what is going to be needed so much that we are revising our guidance so much?
KEI Industries Limited
Sir, my first question is on -- is a continuation of what Saumil asked. So in terms of EHV now, I understand there had been delay in clearances execution, but now this is no more a 1 -quarter phenomenon. We've seen this for almost the entire year for FY '25, so just want to understand. What is the fundamental reason behind these delays. Are projects getting canceled? Or if you could throw some light on that, firstly?
Understood. Sir, the reason I was asking is because, even though, like you said, you just want to fungibly use the capacity, it does impact our EBITDA. Sir, having said that, in fourth quarter, the fourth quarter, the ongoing quarter, has clearances come through? Or is there still a execution delay that's happening on the ground?
Havells India Limited
Thank you for the opportunity. So, my first question is on the AC side. Now third quarter, I understand is a lean quarter for cooling products such trend, but on the appliances side especially water heaters, room heaters and even kitchen appliances, they have done well on the ground. So, I'm just trying to understand how that performed for you and what is the reason for such a sharp decline because some benefits should have flown in from your appliances category. So that's my first question, sir?
Understood, sir. And sir, second questi on a follow -up on the lighting side. Now I understand that because of the driver on board, there was ASP compression, but a new trend I picked up on the channel it is also a compression that has started on chip -onboard technology. Now I understand this is primarily used for premium lighting and because Havells is a premium player, does this impact you or has it impacted you in the third quarter?