Neuland Laboratories Limited - Transformation towards niche APIs?

[Dr.Midhun]

@Dr.Midhun

It is worth noting that Neuland makes significant part of their revenues from exports to EU and North America.

The point I’m trying to make is, we may witness some rise in freight costs in near term because of Russia- Ukraine war and rise in crude oil prices.

In my opinion those who are tracking Neuland should watch out for probable rise in freight rates and subsequent margin erosions in coming quarters.