Redington Limited CC-Feb26.pdf · 2026-02-05
Sir, just checking again on the SISA related to the Bangladesh impact, could you quantify that? And secondly, I just wanted to understand the gross margins which we have reported in SISA one of the lowest, if I see from the COVID times at 4.33%. So there's almost a 41 bps compression here on a Y -o-Y basis. So could you just help understand this a little better that what's really playing out here?
No, I really appreciate that, sir. But structurally, is there a margin pressure playing out in SISA in particular because the decline is pretty concerning in terms of -- if I see the PAT margin as well, it's almost 30 basis point decline in the SISA business. So -- and the mix of MSG actually on a Y -o-Y basis is pretty constant. So, if you had to see it in that, what other factors do you believe is really impacting here?