Akash Jain

Just a couple of questions. One is, if I look at the gross margin, right, over the last few quarters, it has been -- it's quite a big range, right, even if I ignore the cost pressures and the gross margin impact for this quarter. In general, gross margins have been quite volatile. So any specific reason why our gross margins have been fluctuating over a much larger range? That is first question?

My first question was actually why such a large long range in the sense that we have been -- gross margin over the last many quarters have been over a much wider range, which is not typical what we see in an API company. So I just want to understand what drives this big difference quarter-on-quarter on gross margin, even if I ignore what has happened this quarter?

No, only the base business, right? Even there, 52%, 58%, we have seen that in the last quarter - - in the last 4 quarters, right? Last year, Q1, 58%, then 52% this year, so this quarter. So I'm just trying to understand there seems -- on the base business also, there seems to be a wide range on gross margins, right?