My first question would be , I just wanted to confirm that we got the order from BharatN et in January, right? And we had order book of INR 10,000 crores as of December. So, that is excluding the BharatNet orders. So, if I include that, it is much more than that, right? Is that understanding correct?
It includes INR 10,000 crores BharatNet orders, correct?
So, my first question would be regarding the capex . Actually, the company was trying to planning for to do capex of approximately INR 900 crores in the couple of years...
Yes, yes, sure. So, my first question was that company was planning to do capex of approximately INR900 crores in next couple of years, right? In order to build the new capacity in Poland on extension of OFC. So, this fund is majorly via debt, right? So I just wanted to understand like...
my first question was, when we talked about that we have margin improvements in this quarter due to the product mix and core business. So, I think you did mention, I just want to reconfirm that. Is it because of the new product launches that we do, we have a better margin in that and because of that overall EBITDA margins of the core business has been shifted up in this quarter. Is that the correct understanding?
Okay. So, like if I have to make a prediction for the future, then we do expect that whatever we had in past, like 33%, 34% of EBITDA margins, we do expect a better margin in the coming future, right?
Yes. Thanks for the opportunity. So, my first question was with respect to the Cenexi business. As you mentioned, we'll probably be able to do the breakeven for the EBITDA by quarter 4. So, I would just like to know about the outlook for the EBITDA margins with respect to the Cenexi business and how we are looking for EBITDA margins next year onwards . What is our vision in that?
Okay. Then my other question would be with respect to the maintenance shutdown thing, is it like the annual thing that we will expect in next year in FY26 , too, that will impact one of the quarters with respect to revenue and the business or something like that? It's like the annual thing or it's like the periodic phase that we come into the maintenance shutdown?
Am I audible?
Yes. So my question would be that we saw market shift happening and there's like OEM s that were looking for cost reduction, right? So I would just -- based on which you already mentioned about that you'll be hitting the lower end of the guidance in top line. So firstly, can you talk about how are things right now with OEMs? Are they like still struggling to maintain their financial performance? And how are we seeing that in -- how it will be reflecting in the top line. So like if you say that you'll be hitting 18% lower end of the guidance. And if I do the math, then for Q4, it might sum up to around 10%, if I am doing correctly Y-o-Y basis. So if you can answer these two questions?
First of all, congratulations on your numbers. So, my first question would be that as of end of quarter two, we had a major order book from BSNL and right now we are targeting a couple more opportunities like Kavach, BharatNet and everything. So , I just wanted to understand that what might be the expected time from all the opportunities that we are targeting? And also positively, if we get the contract, then what will be the expected execution time that we wil l be starting the equipment supply and everything, if you can provide guidance on that?
Yes, so my second part was that hopefully, if we get the opportunities, then what will be the execution timeline?