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Nishant Maheshwari

G rodel
RUBICON

Rubicon Research Limited

All company calls
FY2026 Q1
14 Aug 2026
Open call
  1. Thank you for the opportunity and congratulations to the management for the fantastic set of numbers. My question to the management is related with the year-on-year additional cost of material consumed as I see that it is roughly INR19.83 crores and addit ional purchases is roughly INR19 crores.

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  2. Yes, sir, because what I can see is that with the additional expenditure of INR38 crores in terms of purchases and cost of material consumed on standalone basis, our incremental sale is roughly INR181 crores. And that seems to be very I mean in terms of volum e number, I don't see that there is a substantial growth unless and until we have increased the prices of the product substantially.

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  3. No, I'm just trying to convey that with the additional increase of INR38 crores, our revenue has jumped up by INR181 crores Y-on-Y sale I mean. So if I see as a layman, there must be a substantial increase in the price of the product through transfer pricing and the stock has decreased in standalone basis it has decreased by INR10 crores while on consolidated basis, I'm seeing that there is a increase in the stock…

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