on the oem side which increases the overall kit value we are also trying to see how we can increase our efforts or our products in the aftermarket channel because there we all know that the profitability or the margins may be marginally better than what you have in our base model that may not be as directly correlated to the industry new growth we all know the potential in the country and we are pretty confident that we will be able to outperform in that segment as well with commodity price inflation did you revise prices upwards what is the plan to deal with or mitigate the pressuresdefinitely there is an impact in terms of margins in last quarter also the margins have been impacted because of increase in commodity prices but the way our contacts are structured with our customers mostly we have a price reset clause somewhere it is annual somewhere it is quarterly somewhere it is half yearly fortunately we are at the beginning of the year so we have an opportunity to align the commodity price increases together with our customers and create a winwin while we may not be able to pass on 100 we will work on how much we can pass through plus also what happens when we discuss the price increases and we reset the clock we normally calculate the past period average or the quarter average in the spot may be higher to that extent we might have a little bit of an impact in the coming quarter but broadly we are able to discuss with our customers and create a winwin and pass through most of the commodityled price increases et now published on jun 14 2021 at 0559 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app ev auto components auto sector harita minda industries ev components sunil bohra interview homenewsindustryconfident about outperforming industry growth in revenue terms sunil bohra minda industries