Apollo Tyres Limited CC-Sep23.pdf · 2023-11-08
So, we have seen significant amount of debt reduction, but we have not seen the amount of corresponding reduction in the interest cost. And is it , I mean, one will be the function of the interest rate has gone up in the last one year. But how should we look at that? Because I think that is one of the critical factor for your PAT growth or the PVT growth, going ahead? And the secondly, on if you can touch upon the strategy in Europe, because I think Europe at this point of time, I think whe n the inflation is one of the key criteria in Europe, I think the, our market share should ideally improve being a slightly discounted brand. And this is one of the area where we have to spread our wings, I mean, in the major countries across the different geography within the Europe. So, if you can throw some light on that?
Understood. And in domestic market you touched upon I mean there has been significant amount of growth in the truck side, but I mean the passenger car any reason because I mean this is one segment the passenger car has been not seen any kind of major degrowth in last many years. So, any specific reason do you see in the market is why the market itself is a weak?