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Questions across 1 call

Tanvi Warekar

Anand Rathi Institutional Equities

Himadri Speciality Chemical Limited

Himadri Speciality Chemical Limited · 2026-07-16
Just a follow -up on the LFP cathode pricing, where you said that your pricing is competitive versus China. Just wanted to know from our workings, we arrived that we won't be making any money like we are arriving at a gross -- negative gross spread on this if we compare the China pricing versus the input cost calculation. So just wanted to know like where are we sourcing the lithium carbonate because that is like a major driver for the spreads on LFP. Do we have any advantage over there?