Q4 2023 Page Industries Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Q4 FY '23 Earnings Conference Call of Page Industries Limited. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. V.S. Ganesh, Managing Director, Page Industries Limited. Thank you, and over to you, sir.
Thank you. Thank you so much, and good evening, everyone. Thank you all for joining us on the call this evening. Well, we ended the year well, and we clocked a healthy growth, though we had a [17 Q4] as expected, the demand is subdued. Q4 performance was also covered by the impact of ARS implementation. As you would remember, we had fast ARS during the pandemic and reintroduced ARS during the second half of this year. Given the scale and complexity, the 4,800-plus distributor accounts, we know this is going to take some more time to make this transformation shift from push-based to pull-based auto-replenishment system. We believe this is the most important transformation which
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