Manav Mehta

Okay. So while revenue growth in specialties has been decent, we have seen pressure on the margins for the last couple of quarters. So is this a transitionary phase? Or is the margin profile of the business fundamentally lower now? Like how should we look at the margin in the specialties on a steady state, sustainable basis going forward?

Okay. I understood. Sir, my second question is, you have mentioned capex coming to an end and debt having peaked. So post commissioning, what is the annualized depreciation? Also, should we expect some debt reduction over the coming years? Or is it likely to stay stable here?