India, Jan. 22 -- Lykis has issued a cautionary statement regarding deteriorating external conditions that may materially impact its business and financial performance.The Company is operating in an increasingly adverse global economic environment marked by sustained inflation, rising operating costs, and weakening consumer demand across several international markets. Significant increases in raw material prices, freight charges, energy costs, and logistics expenses are placing severe pressure on margins and profitability.Additionally, foreign exchange volatility has intensified in key export regions, particularly in emerging economies. Currency depreciation and instability may result in lower export realizations, pricing challenges, increa...