Bikaji Foods International Limited CC-Jun24.pdf · 2024-07-25
Hi. Thank you for the opportunity. So my question is regarding RM prices and gross margins. So I understand from your remarks that there has been an uptick in raw material prices which I can also see falling gross margins year-on-year. However, if I see slide 17 of your PPT on sensitivity and key RM categories prices of all categories have actually fallen year-on-year. So what am I missing here?
Okay. Now so I understand sequentially, prices have gone up. But if you see year-on-year, so basically do you mean that there are some other key raw material apart from the four discourse in the PPT because year-on-year all these four have fallen Like if I say, laminates have gone down from 0.90, 0.84?