Dhruv Joglekar

So, a couple of clarifications actually on the volume side. So, this year, I mean, this finan cial year in FY26, we had a volume of roughly 5.5 lakh tons. And we are expecting the next year also to be in the similar lines. Earlier, the guidance was about 7 lakh tons. Now, I think in the initial comments, we mentioned 5.5 lakh tons. In spite of the fact that the JJM spend is going up from Rs. 1,500 crore to almost Rs.

Okay. So, is it fair to say that if the Rs. 70,000 crore gets consumed in this year, then Q4 and Q1FY’27, the coming Q4 FY’27 and the coming Q1 FY’28, will it be significant up boost?