Bhavya Aggarwal

How much of your current order book is with the top three customers and what is your single largest customer concentration?

Okay, sir. Understood, how is the EPC order book trending separately from the module order book and what margin differential exists between the two?

Okay, sir. Got it. One last question from my side. So, sir, the module capacity utilization for FY26 averaged around 70%. But your FY27 guidance is built on a more conservative 55% utilization assumption despite the incremental 2.5 gigawatts coming online. Why the more conservative assumption for the bigger base, sir?