Pidilite Industries Limited CC-Sep24.pdf · 2024-10-24
Just a question on the growth. You mentioned that October month hasn't been any kind of blowout month, or any kind of delayed demand witnessed. So, would it be fair to say that unless something changes materially in the underlying demand environment, the volume growth in the second half should remain similar to what we have seen this quarter?
Right. So, I understand the aspiration to have the double-digit volume growth, but the overall macro environment that we are in currently is very different. We can see, of course, not directly comparable categories, but we can see many of the consumer companies which have reported till now have reported extremely weak numbers, probably the weakest in a decade without any one-off event like de-mon or a COVID or something like that. So, in that context, would you still say that I can understand medium-term aspirations, but till the environment remains as is, would you still say that double-digit is a possibility?