Fatema Hakim Pacha

Just a macro question, do you think we have seen this in FMCG but even in durables, do you think a lot of new brands because of the entire online space have entered and at the margin the chipping away at the large guys market shares, do you think that is t he reason that the margin our B2C franchise in a way is not able to grow as much like even if there is a 6%, 7% growth in the market you are able to grow at 3%,…

Okay and second question are like if you want to see the entire durable industry both white and brown goods, so the last four quarter we had I think was post -COVID in December 2020 quarter , Diwali of 2020 . Post that we have seen two years of absolutely not much volume growth, we have had revenue growth in between because of the price increases, but volume CAGR would have been minuscule in terms of a three -year…

Fair enough. Thank you.