Kalyan Jewellers India Limited CC-Jun24.pdf · 2024-08-01
Good evening, sir. Congrats on a very good set of numbers. First question is on the performance of Middle East businesses, so your revenue growth has been 16% but PAT growth has been 11%.
Okay. Yes, yes, I will repeat again. So my question is pertaining to the Middle East performance. Our revenue growth has been very strong at 16%, SSSG at 10%, but PAT growth is 11%. You have highlighted two points so far that FOCO showroom, expense has impacted some of the gross margin and also on the pricing and finance cost. Sir, my question is how are you going to address this? Because if you continue to grow at a higher level, but bottom line is not expanding related to the top line, it will going to impact your overall performance? So , what are the steps you are taking to improve the bottom line in the businesses