The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Vishal Biraia - Aviva Life Insurance Company India Ltd. - Analyst
: Sir, my question is on the competitor scenario, specifically from the smaller players and on market share. So could you, I mean, help us understand
a bit more on this front?
Question: Vishal Biraia - Aviva Life Insurance Company India Ltd. - Analyst
: Yes. Any -- would we have seen any market share gains in the second quarter, and this would have been led by what? And any color on the
competitive scenario?
Question: Vishal Biraia - Aviva Life Insurance Company India Ltd. - Analyst
: Okay. And would you have seen any of the smaller players go out of business or such -- would have such soft temporarily, something of this, sir?
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: So my first question is on the presentation, we do make a mention of cost-saving measures. Can you highlight what these are? And what part of
this is sustainable going forward?
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Sir, is it possible to quantify how much was that?
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Okay. Sir, secondly, you did indicate about CPVC, we are maintaining the pricing, but would it be possible for you to quantify how much is the
differential on CPVC pricing versus PS before and after...
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Right. Sir, what I'm coming from is, given other costs would have come off, we always have an option to reduce and lower our prices up to actually
chase larger volumes in the marketplace. I think that was a broad expectation of the state given Finolex is a very strong brand. So is it that way,
one should look at it? Or are we choosing...
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Okay. Fair enough. And sir, last question, CapEx plan for the full year. Any changes to that?
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Yes. Thanks, Janice. Thanks, everyone, for joining on the conference call. Whabi sir must have any closing remarks from you?
Question: Ritesh Shah - Investec Bank plc, Research Division - Analyst
: Great. Thank you so much. Thank you all for joining the conference.
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