Kunal Sharma

Pr anav , jus t fir s tly would lik e t o hear fr om you that how will you r at e this r esult Quarter 1? Pr an a v , l e t 's s a y i f t h i s w ar r e mai n s f or an ot h e r f e w q u art e r s as th e oi l p r i ce i s ag ai n at t h e elevated level, how does Bansal Wire reach with respect to the growth and margin per se?

Understood. Just to follow up on the margin and the pricing, which you told that INR 2 a kg that we absorbed instead of passing it to the end consumer. On the margin, do we run a cost-plus model? Is that the reason behind the margin during the quarter has impacted and quite badly to, I guess, 4%-odd?

Got it. From next quarter onwards, we will be back 7.5%-8% in margin.