“We are always trying to maintain the EBITDA margin at 16-17%. We have seen a good drop in the EBITDA margin in the first quarter because of the prices of the raw materials coming down and we had a good stock as well and we could not hike the prices of our final products which were expected to be done by June 15. But now we are hopeful of maintaining this guidance of 16% to 17% EBITDA by the end of this year.”
