Am I audible?
Sir, first question, you've talked about container, the shipping, the Bharat container investment. So if you could talk a little bit more on that in terms of what are the plans? What kind of capital allocation or capital investment would be -- would that entail from our end?
Sir, I just wanted to check in terms of the first mile, last mile, what is the mix in 1Q? And how do you see it changing? And what kind of impact does it have in terms of the profitability or profit contribution?
And is it fair to say that this first mile, last mile revenue would be about 5%, 7% of the handling revenue, total revenue? Would that be a fair assumption for the EXIM revenue? Or it would be even lesser than that?
Just one quick clarification. You said EBITDA to grow 15% Y-o-Y in FY '27 and double in FY '28. Do you mean doubling from FY '26 or doubling from FY '27?
Understood. Sir, the second question I have with respect to the target capacities. Does it require now more acquisitions to achieve the same or we are broadly through? Now the focus is entirely only on executing the existing project?
Sir, can you help us understand the mix in terms of cables, wires? You did mention that as of now in your earlier answer. So, if you could give us some sense in terms of how do you see these cables? What kind of capacity, how much have we invested? What asset turn? How much incremental investment is going into cables? That's my first question, sir.
Yes. What kind of investment are we looking at? What is the capex and how the split is in terms of cables and wires? I'm just talking about electrical cables at this stage.
Just a couple of questions from my end. First, with respect to Gangavaram Port, in the past quarter, the run rate was between 8 to 10 million tons, while we have seen first quarter was impacted, second quarter we have seen the number at around 6 to 8 MMT. So, how do you see this in coming quarters? Do we see absolute normalization or it's going to take some more time? And also, if you could comment on the margin profile going forward.
And since we are on the quarter numbers, in terms of realization particularly for the couple of ports, Dahej and Hazira, we have seen that their realizations are actually down almost in teens on a Y-o-Y basis. Is there any particular reason in terms of cargo or anything which you could highlight?
Yes. My first question is pertaining to the industry. You did mention that the capacity addition in cables will probably be short of the demand what you're seeing at the industry level. Is it possible to get some sense where are we in terms of the capacity and terms of volume or value? And what kind of capacity addition are we seeing for Cables segment.
Correct. Sir, I'm trying to understand more from the industry perspective what kind of capacity addition are you seeing? Is it 40%, 50%, 70%? Or is just 20%, 25% you're seeing, which is giving comfort or conviction that the demand will outpace the capacity addition?