Q2 2023 Grasim Industries Ltd Earnings Call Transcript

Nov 14, 2022 / 10:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Grasim Industries Limited Q2 FY '23 Earnings Conference Call. We have with us today Mr. H. K. Agarwal, Managing Director, Grasim Industries Limited; Mr. Pavan Jain, CFO, Grasim Industries Limited; Mr. Jayant Dua, Chief Executive Officer, Chemical Division; Grasim Industries Limited; Mr. Rakshit Hargave, CEO, Paints Business, Grasim Industries Limited. (Operator Instructions) Please note, this conference is being recorded.

It's now my pleasure to introduce your host, and I would now like to hand the conference over to Mr. Pavan Jain, CFO. Thank you, and over to you, sir.

Pavan Kumar Jain - Grasim Industries Limited - CFO

Yes. Good evening, and a very warm welcome to all of you to this earnings call of Grasim Industries for Q2 FY '23. As you all know, the global macro environment is passing through difficult times. We are witnessing inflation levels, especially in the developed economies, not seen in the decades. Tightening of monetary policies by central banks across countries is leading to recessionary

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