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Kallam Reddy - Managing Director, Chief Operating Officer, Executive Director, Member of the Management Council, Chairman of Management Committee, Member of Shareholders Grievance Committee, Member of Investment Committee and Member of Strategy Committee
Umang Vohra - Chief Financial Officer, Chief Compliance Officer, Senior Vice President and Member of the Management Council
Kedar Upadhye - Director
G. Prasad - Executive Vice Chairman, Chief Executive Officer, Member of Management Council, Chairman of Investment Committee, Member of Strategy Committee, Member of Shareholders Grievance Committee and Member of Management Committee
Surajit Pal - Elara Securities (India) Private Limited
Bino Pathiparampil - IIFL Research
Sonal Gupta - UBS Investment Bank
Nitin Agarwal - IDFC Securities Ltd.
Sameer Baisiwala - Morgan Stanley
Prakash Agarwal - RBS Research
Saion Mukherjee - Nomura Securities Co. Ltd.
Girish Bakhru - HSBC
Anubhav Aggarwal - Crédit Suisse AG
Hitesh Mahida - Marwadi Shares
Ravi Agrawal - Standard Chartered plc
Abhay Shanbhag - Deutsche Bank AG
Unknown Analyst -
Ladies and gentlemen, good day, and welcome to the Dr. Reddy's Laboratories Ltd. Q1 FY '12 Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded. At this time, I would like to turn the conference over to Mr. Kedar Upadhye from Dr. Reddy's. Thank you, and over to you, sir.
Thank you, Melissa. Good morning and good evening to all the participants. Welcome to Dr. Reddy’s earnings conference call for the quarter ended June 30, 2011, which is the fourth quarter of fiscal 2012. Earlier during the day, we have released our results and the same are also posted on our website. We are conducting a live webcast of this call, and the transcript shall be available on our website soon. The discussion and analysis in this call will be based on IFRS consolidated financials.