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Yes. Hi, Dr. Amit and Sonal. Thank you for taking my call. So, I just wanted to get into those numbers of module production and cell production once again. I see that there is 0.6 gigawatts of cell production. And it was clarified that most of this – I mean, that the cell production wasn't really for the US module s per se. So, safe to assume that the 0.6 gigawatts is purely for DCR market here in India?
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Okay. So, then on a profitability basis, like, if you look at it, the Indian DCR module could be far more profitable than in comparison with the US one. Am I right to assume that?
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Okay. Thanks. So, now that we are planning to go backward integrate, so what is the kind of margin expansion that you would be really happy with when you target this backward integration journey that you are doing? Because I just wanted to know , what kind of expansion are we targeting?
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Analyst questions
Arun Kailasan
Geojit Investments Ltd
1Call
1Company
WAAREEENER
All company callsWaaree Energies Limited
Waaree Energies Limited CC-Oct25.pdf
17 Oct 2025