Gunit Singh

Hi, sir. Thank you for this opportunity and congratulations on a great set of numbers. And I would also like to congratulate you for bringing in someone with the experience of our new CFO into the organization. So, that shows the intent of the company. So, I actually have a question for our new CFO.

Got it. So, previously, we have been more towards leased and managed properties on an asset- light model. So, like you mentioned in the previous remark, that the profits from Pune and Mumbai, they might fund our expansions, our internal expansion. So, will we be looking at our owned self-owned phone hotels in the future? Is that something that we would be shifting towards?

And sir, the hotels which are opened before FY26, are there any hotels which are loss-making? And the hotels which were opened in FY26, I mean, are most of them currently loss-making? And I want to understand, like we stopped our lease with IRA Mumbai, which wasn't profitable for us. So, are we planning something for the hotels which are loss-making and opened before FY26, something similar like that?