My first question was around the investment and capex plan for the year. At the start of the year, you had spoken about capex target of INR1,600 crores and investments of INR2,000 crores. In the first half, we had done capex of about INR 1,000 crores. And in 3 quarters, we have done investments of about INR2,000 crores. So are you looking at revising those targets that you had for this year?
Got that. And...
Hi, good morning. Thank you for taking my question. My first question was a continuation on the Hero FinCorp performance. So, you reported a loss in this quarter, and you spoke about that the credit cost has also inched up. So, where the credit cost currently is sitting, it now more than 7% for you? And also how is the funding cost trending for you?
And funding costs for the business, how is that trending, is it still going up?
Hi, Good evening and thank you for taking my question. My first question was on your international business, has there been any inventory built up during the quarter because changes in inventory have gone up in your P&L?
Understood, got it. My second question was on your accessories, merchandise and spare part business. I understand that you don't give specific numbers, but directionally can you give a sense that, has the mix changed from last quarter to this quarter for the better or worse?
My first question was on the second half demand outlook, which you spoke about, that you are hopeful that we should see a better growth. But you talked about multiple drivers which you think could play out, but have you started seeing on the ground any of those drivers to start changing? Because in the first half as the utilization seems to be reasonably okay although the government spending was not there, which you spoke about, and also the cash outflow from the government was restricted. So have you started any movement to happen in any of those fronts between last month to this month?
Great. My second question was on the bus segment. So that is one segment which has definitely been seeing much stronger growth while other segments have been struggling. So what is driving that growth? Is it STAs upgrading their buses across the state and you see that to continue in the second half or beyond that as well? And we have also gained market share in the bus segment. So what is helping us to gain market share? What is different that we are doing in the bus now?