1QFY22 saw further normalization in bullion volumes, largely driven by 24%/13% sequential decline in gold/silver volumes. This was partially offset by a 49% sequential increase in crude volumes on the reversal of the higher margin requirements imposed earlier. Overall ADT dipped 9.8% QoQ, leading to 9.7% sequential decline in revenue. The impact on volumes during the quarter was the result of some normalization in bullion volumes and the third phase of the implementation of new margin rules (75% of peak margin requirement) from 1st June. June...