My question was in the IPL expense. Could you quantify its impact during the quarter? And what sort of impact could we have in the next quarter because of this [inaudible 0:54:02]
One last question is regarding risk status reduced our debt significantly. So that INR460-odd crores this year. So how do we cede reduction in the next year or next couple of years.
Sir, congratulations on decent set of numbers. Sir, my first question is regarding your improvement of your balance sheet also reduced your debt by almost INR600 crores now. So now with the RM basket remaining stable and our -- also capex in the INR800 crores, INR1,000 crores range, do we expect to continue to reduce our debt levels or do you expect to invest into our business? How do we expect going forward?
My second question regarding the profitability in the export business. So you mentioned that you've taken some price c uts in the market and now with R ed Sea crisis increasing our freight cost. So how do we expect that profitability in the international business to happen going ahead?
Congratulations for a great set of numbers. Sir, my first question is regarding volumes. So could you please give us some understanding in the replacement 4% year -on-year growth, which we have talked about in flattish quarter -on-quarter. If you could give segment -wise how replacement market performed and what is the outlook of different segments in the replacement market? Arnab Banerjee So in replacement market, Q2 is a seasonal quarter, seasonal downturn quarter, as you would know. Y-o-Y truck/bus view at single -digit kind of growt h, low single digits. We had a very good growth in farm tyres in replacement market. And 2, 3 -wheelers as well as PC/UV grew around mid-single digits by volume in replacement Y-o-Y.
Okay. And secondly, sir, on the export side, if you could provide us more color on how Europe and off-highway is performing? And what is the sequential recovery we are seeing over there? And what is the outlook on the export side?