What steps has the company taken to deal with the limited manpower and logistics’ challenges caused by lockdown restrictions?
The company has used a range of state-of-the-art manufacturing facilities and pan-India operations that have helped with the limited manpower issue and logistics challenges. The manufacturing facilities, which are already automated to a great extent, proved to be a backbone during the lockdown conditions. Furthermore, our highly skilled and efficient existing manpower also helped us in achieving our goals even in a work-from-home scenario. Lastly, our advance contracts with various vendors proved to be of great support for on-time delivery to our customers.
Despite de-growth in revenues in the June quarter, the company’s operating margins have shown an improvement on the back of reduction in cost. Can you elaborate on the cost rationalisation measures undertaken by the company?
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