I want to understand regarding the retail protection, growth has been very strong post-GST with a large share of first -time buyers. So , I want to understand how much of this demand do you believe is structured versus a temporary pull forward, and what is your steady -state target mix for protection over the next 12 to 18 months? And my second question is around Project Inspire, would you share measurable improvements seen in Q3, specifically on issuance time, straight -through processing rates, claims turnaround time and cost per policy? And also, when do you expect full rollout across retail lines?
Questions across 6 calls
Rehan Syed
Trinetra Asset Managers
HDFC Life Insurance Company Limited
Radico Khaitan Limited
So, like my majority of questions have been answered so I'm left with only one question regarding your Sitapur distillery utilization. So, what I mean, the Sitapur distillery now fully operational . So, what is the current utilization level and how has this facility contributing to our gross margin? Improvement or cost efficiency in the premium segment, we are expecting some margin improvement in coming quarters or coming year?
Okay. Any margin guidance you have to given? 10 | P a g e Q2 FY2026 Earnings Call Transcript
JK Tyre & Industries Limited
Good afternoon to the team and thank you for giving me the opportunity. I have only one question, I want to understand regarding the exports side. So, your export grew 14% QoQ despite the US tariff uncertainty. I want to understand what is your plan B in case tariff strength wasn't in current year ‘26 and are you reallocating volumes to other geographies or increasing product mix of higher margin SKUs to offset the impact & What is the management’s view on this?
So, do you think it will compress our margins?
TITAGARH RAIL SYSTEMS LIMITED
Yes. Thank you for the opportunity, sir. And so I want just more clarification regarding your Vande Bharat.
I will just repeat my question again. So, I just want to clarify regarding your Vande Bharat sleeper train prototype that you have some comments regarding expected by Q2 of 20 27. So, how is the company mitigating potential delays especially given the complexity of the design and manufacturing lines on this site?
Premier Energies Limited
Oh, yes. Good morning, everyone, and thank you for giving me the opportunity. Sir, I have two questions on the PLL side. First of all, the company has achieved a 16.5% P AT margin this quarter. How sustainable do you believe this margin is?
Yes, right now. I'm audible now?
Himadri Speciality Chemical Limited
Good afternoon, team. And thank you for giving me the opportunity. So, sir, I have a couple of questions regarding this. So , sir, first of all, can you please elaborate on how Invati product integration and revenue synergy panned out in Q1 ? And any visible contribution or pipeline build out from this acquisition for going forward?
Okay sir. Sir, my next question is towards your B2C brand DurofreshTM, how is it performing in Q1 in terms of distribution, revenue or contr ibution? How are any early customer feedback you get? Or for going forward, are you targeting this segment aggressively in FY ‘26 and FY ‘27?