Hi, sir. Good afternoon. S o just a couple of questions from my side. On the backward integration capex that you have announced for one contract. So, if I remember right, that was a fixed margin contract. So how will this backward integration help in that contract?
Okay. And the second contract, sir, that you said, this is the revenue potential over the next 3 years, that is '27, '28, '29 and '30, right?
Hi sir, good afternoon. A couple of questions from my side. So firstly, on the MMA contract that you said, the existing contracts that are in place. So, when are they due for renewal?
Got it. Sir, secondly, on the JV, that is going online in Q1 FY '27. I believe both parties are investing INR150 crore each and so, what would be the revenue potential? And if you could just flag off some color on the product as in how is the competition over there? Who are the other suppliers? That would be helpful.
Good evening. Sir, my question is on the volume growth, so if you could give us indication on the year-on-year volume growth in FY ‘25 as well the 4th Quarter.
And we expect to continue this growth momentum at least on the volume side?
A couple of questions from my side. Firstly, when I look at the difference between Advanced Intermediates and overall business, we have seen good improvement over the last 2, 3 quarters. If you could help me understand what is driving this? Is it entirely Chem Tech or there is some contribution from polymer compounding as well?
Got it. Where are we on this compounding business right now? Have we started that asset? Have we started to test the market?
Just a couple of questions. On the compounding facility, is it the same capacity that we had indicated earlier? Or has there been any changes there?
Okay. And, any indication on what is the revenue that we have booked this fiscal from the compounding facility?
Sir, a couple of questions from my side. So firstly, on the EBITDA per ton . In the general structure, we have seen EB ITDA per ton move up from INR2,700 to INR 3,400. If you could please help me understand what is driving it and how sustainable these are?
Okay. So, we expect that it will come above INR3?
Yes sir, so just one clarity I wanted to understand is QoQ, the steel prices had gone down by Rs. 5 and we had booked on an inventory loss of around Rs. 150 crores. This quarter, again the steel prices are up about Rs. 5. So if you could just help understand what is the inventory gain in this quarter?
Okay. And sir lastly, what will be the utilization levels at Raipur and Dubai for the full fiscal as of 31st March?
Sir, just one question, sir. Just wanted to understand the domestic and export mix of R32, last quarter is 60:40 and now you said this quarter as well 60:40?
Okay. No. So I was of the view that domestic has been weak and we have pushed more volume in the export market. So, this Q would have been different this quarter compared to the last quarter.