So, first question for the reduced guidance in Ceramics, and we can see that even stand alone business is kind of 4% down. So, could you explain what went wrong? And within that, is it the exports from Ceramics which has also been impacted and versus the tech nical and wear ceramics, how the situation in Ceramics since we are expecting some recovery after Q1, Q2, and we are again revising down the guidance for Ceramics?
So, what's the kind of exports contribution in Ceramics for first 9 months?
Thank you. My first question, sir, with respect to the order. So, this year since 9M is quite strong, we will definitely be doing more than INR 27,000 crore s top line. And even on order inflow, we have guided INR 27,000 crore s . So, just wa nted to understand y ou have been, of course, highlighting about at least 13 % - 15% growth even for next 2 - 3 years. Just wanted to understand apart from QRSAM, which is expected, to sustain growth you will be needing more than INR 30,000 crores to INR 35,000 crores intake. So, does that give you confidence that we are going to have this kind of intake? And are there any medium to large orders which you are expecting in next 12 - 18 months, which kind of ensures that you win more than INR 30,000 crores to INR 35, 000 crores next financial year to sustain growth?
Yes, right sir. So, one clarification on NGC , you said we are accounting for INR 3 ,000 crores to INR 4,000 crores which is roughly about 25%. So, that INR 10 ,000 crores to INR 12,000 crores BATA BA r FLFCABOAT / CS will be probably coming in H1 , the remaining portion, right? Is that the righ t understanding for NGC?
My question pertains to the STATCOM opportunity, which we have been highlighting in the past. And it was kind of quite substantial. Wanted to understand your view. Again, on the STATCOM, we are hearing that many tenders are in the pipeline. So, what is the addressable market in terms of value, and what kind of conversions or wins we are expecting for GE T&D?
Okay. And second question on the other expenses and overall expenses, we have been talking about that we're focusing on operational efficiencies, and we have seen the results in your numbers. Is there further scope on the expenses to be optimized, rationalized further in upcoming quarters as well?
Yes. So first thing I wanted to understand, you did highlight it that the order book now is about 12,000 and we have received one more order. Just wanted to understand from you what is the total L1 pipeline if you could highlight the project and values? And apart from L1 pipeline, what is the perspective pipeline project-wise and value-wise for FY '25 and '26, next 18 months?
Right. Any notable projects you would like to highlight?