Investor Presentaiton

Consumption Remains Below Pre-Pandemic Level Rs. Trn, sa 25 Pre-pandemic trend 20 20 15 10 15 Ckotak Mutual Fund Actual 16 17 18 19 20 21 22 Share of Bottom 20% of Population in consumption fell from 6% (pre Covid) to 3% during Covid and is at 4.5% in FY23E Source: MoSPI, J.P.Morgan 36

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