Bhagwat Nayak

Thank you for the opportunity. So, how are you seeing the competitive intensity going forward? Are you seeing any pricing pressure from competitors or like what gives us confidence that Platinum can improve its market share?

Okay, but in terms of -- yeah, mostly, particularly if you see competitive intensity, so how Platinum is positioned based on that, in terms of like, if you can mention about the key competitors for Platinum's handle?

Okay, thank you for that answer. And just last question from my end, I would like to understand about the margins, if you talk about how do we see margin evolving going forward as we ramp up our first plant capacity utilization? And in terms of income, considering that, so, if you see the financial year '23 and '24, the margins were pretty high as around 23%.