Sep 01, 2023 / 05:30AM GMT
Sailesh Chimanlal Mehta - Deepak Fertilisers And Petrochemicals Corporation Limited - Chairman & MD
Once again, a very good morning to all of you, and a very warm welcome to the 43rd AGM. And on behalf of the Board of Directors, I would like to share my gratitude to all of you for finding the time and joining us in the AGM. I hope you have had a chance to look through the annual report, which has been circulated in the soft version.
To broadly share, basically, we -- as you are all aware the Indian economy demonstrated a great degree of resilience against some of the most unprecedented massive global challenges that we saw in this year that went by. And thanks to the government CapEx, the private sector consumption that we continue to be on the fastest-growing economies in the world.
From a macro perspective, Deepak Fertilisers also faced some unprecedented, I would say, price hikes in all its raw materials and even from 60% to 90%. But leveraging on our industry knowledge, our relationship with our customers, we would navigate all of these uncertainties and absorb these price shocks
Deepak Fertilisers and Petrochemicals Corp Ltd Annual Shareholders Meeting Transcript
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