Thank you for the opportunity. So, in addition to microfinance, I read that Asirvad housed 515 gold loan branches, which will be impacted bec ause of this ban. So, if you can just tell about how Asirvad and gold loan is related and any impact on the gold loan operations?
Sir, what kind of disbursement of gold loan was happening from these Asirvad branches?
How do you see the trend of margins going forward, like we can expect 18% to be a steady state EBITDA margin?
Consolidated.
What is your views on alternative or prospective application of ethanol, such as sustainable aviation fuel? When do you think blending of ethanol in this space is possible and how much blending targets do you think is achievable in the next three to five years in India and how much ethanol demand can it lead to?
Also wanted to know your views on the opportunity in biodiesel, compressed bio gas market and biofuel dispensing station like what do you think about it and does Balrampur Chini think of capitalizing on it?
My question is that in the annual report mentions that there will be pricing headwinds in some API portfolio, so need some light on the reasons for this and how long will this come? First question. Second, how much impact on margins this will cause? And how much of this pricin g impact company expects to be moderated by cost improvement measures and increase in CDMO and Biotech business?
Any outlook on agro side?
My question is that in the annual report mentions that there will be pricing headwinds in some API portfolio, so need some light on the reasons for this and how long will this come? First question. Second, how much impact on margins this will cause? And how much of this pricin g impact company expects to be moderated by cost improvement measures and increase in CDMO and Biotech business?
Any outlook on agro side?