Sachee Trivedi

One of my question is that for the last four quarters we have been gr owing topline in single digits and I unders tand you have been taking pricing cuts and the prior four quarters we were growing double digits and that was more because we were takin g price increases and just going forward what should we expect in terms of top line growth and can w e go back to steady double -digit numbers that are based on volume…

Got, Sir. Actually, I am glad you pointed out the four-year numbers because the four- year numbers whether I look at Q2 versus the four-year prior Q2 or H1 versus a four- Investor Relations - investor.relations@pidilite.co.in CIN: L24100MH1969PLC014336 year prior H1 and those numbers are like under 15% CAGR.

In one of your comments you mentioned that where you are seeing sort of pick up or growth as in the new construction space. Now, again going back a few years, you have said that if both the new construction and the renovation if both of those engines fire, then you kind of look at very strong volume and value gains from there and what would it tak e, what is hol ding back the renovation b ecause I thought like n ew…