Jinesh Gandhi

I have a few questions from my side. One is with respect to they called out for organic growth of about 18% at the consol level; any colour which can give on either organic EBITDA or organic EBITDA margin for the quarter to have a like-to-like comparison?

In the presentation, we have called out for organic growth of 18% at the revenue level. Similarly, can you talk about what organic EBITDA or EBITDA margin for the quarter?

Secondly, we have also called out for restructuring in Europe. So , is the large part of the cost already reflected in the second quarter or we expect some more provisioning coming in the coming quarter, and what exactly are we doing there?

Hi sir, a couple of clarifications. One is, you indicated that we have invested Rs.100 crores in TVS Credit Services over and abo ve divestment of Rs.100 crores, which happened, we've invested Rs.100 crores separately.

Our notes-to-account says that we have divested Rs.100 crores in compulsorily convertible preference shares of TVS Credit. So, beyond this we have invested Rs.100 crores as well, is it?

Given that we have already invested about 850 crore s in first half, how do we look at total investment budget for FY24 , we're earlier looking at 80 0-1,000 crores, but we are already at about 850 crores in first half, so how do you look at the investments for the full year?

Hi. Quickly if you can share what was the impact of steel price decline or the commodity cost decline in the India business?

For the European business it seems the euro revenues in euro terms have declined by about 5%, is that correct and is that largely because of steel price pass through impact?

Euro revenues constant currency basis seems to have declined by about 5%.