Gargi Singh

Sir, my first question is that we understand that most of our orders are backed by letter of credits and bank guarantees. So despite this delay in payment releases seems to be impacting our execution time lines. So for secured orders, how exactly does the delay in payment translate into lower execution level?

Okay. So currently on the basis of current order book, is it fair to assume that you have LC, BG for 3 months of -- at least for the next 1 quarter?