Thanks for the opportunity. My first question is on, Sir, can you please speak about the carbon credit market, which we're trying to launch? What is the status? When do you see it up and running?
Understood, sir. My second question is, you spoke about a number of new products in earlier calls. Do you think any new products can be introduced in the next 12 months, especially in the electricity market?
Good evening, sir. Congratulations on a good set of numbers. My first question is on these margins. Our margins used to be 12% it has been declining from 12% to 10%. When you're guiding against a softer margin against 50 basis point correction. Given the outlook, do you think any chance of margin surprise in FY25 and are we targeting a slightly higher number as we go forward, maybe a couple of years henceforth? Can we expect a better margin more than 10%?
My second question is, what are the capex and equity invested for FY '24? And what is the guidance for capex and equity investment in FY '25?
Congratulation on a very good set of numbers. Sir, my first question is on the, how do you think about selling premium conductors in the export market? And do you think the demand in the U.S. market will come back and stay for couple of years?
And sir, given that our capacity utilization is very high for Conductors and for Cables, I guess, where are we in the capacity expansion? I think we were undertaking capacity expansion last year. Can you just throw some color on that?
Congratulations on a very, very good quarter. Sir, my first question is on the HTLS opportunities. Are we seeing a larger traction from the state utilities or big power grid? Are you seeing more tenders compared to last year? That's the first.
My second question is on the conductors broader number, given the fact that a lot of transmission activities picking up in this country. And do you expect the domestic contribution to inch up and in sense, could there be a shift for the standard conductors to be supplied to the Indian market basically for next 2, 3 years, when you see the activity is very, very high, it looks like that.
So, my first question is on the utility scale or renewables. Sir, last year, I think there was a huge bidding which happened in the industry. But I think we didn't participate in most of them. How to think about the way forward for FY '25 and FY '26?
My question was about the load. Our participation was very selective last year. Was there any particular reason for us to not participate aggressively in the bids?
So, my first question is on the GCC tenders. I think last year Middle East surprised us. How do you think about the Middle East opportunity in FY '25 compared to FY'24? And do you think there is a more headwind compared to the last year?
My second question is on the working capital for this particular fiscal year, there is a dr astic decline. Is it to do something to with job mix, is it temporary and where do you see this number in medium-term?
A clarification. Is the mega order announced today for renewables from Middle East, is part of the order inflow of the current quarter?
My first question is a large part of our order inflow has come from the Middle East, especially in the nine months, and I think Aramco would be a substantial part of our order book. We understand that today Aramco has decided to cap the Capex for hydrocarbon given the directive from the government to maintain the production at 12 mbpd instead of 13 mbpd. Is it possible to give some color on the same and quantify any impact profit has on our current order book and order inflow prospects?
Hi. Good morning, sir. C ongratulations on a decent set of numbers. Sir, first question is, how do you think about the opportunity in India T&D, specifically in FY'25 ? If I have correctly, I think you mentioned the -- we received the order of 64 billion, with a 40% growth Y -o-Y. In that context, is it right to believe that the FY'25 could have very, very large number? And also, can you just comment on the competitive intensity?
Yes. I'm talking about India T&D opportunities. And last year, I think we did a number of 64 billion. Can you see a material high number in FY'25 given that there is a lot of -- large bidding that happened in FY'24?
Good morning Sir and my first question is on the domestic transmission opportunity given the fact that large trending has happened in the last nine months or we have not seen, it is converting into the order inflow for us , you did mention that you r L1 of 8,000 Crores is it fair to say that most of it is com from the domestic market, transmission market and how do we see it going forward for the next 12 months?
My second question is on the civil opportunity given the fact that we are entering into an election mode are we seeing a slowness in decision making and finaliz ation of tenders and we expect that weakness to continue for a couple of quarters especially domestic?
Congratulations on a very good set of numbers. So my first question is, what would happen the private wagon ordering for FY '24? And is it possible to give us a sense of market share and the outlook for FY '25?
Sir, last year, we had a very good opportunity from the government side from the Indian Railways side directly. Sir, is there any color you can think about, think about the opportunity from the Indian Railway this particular year? And is there any tender w hich are awaiting to be closed as of now?
Yes, good evening, sir. Congrats on a very good set of numbers, sir. My first question is on the recent tender which was put by Indian Railways and where we have got around 4,000 wagons. So, my question is why the recent tender was undersubscribed? And any comment on the competitive intensity in the tender?
And any comment on the pricing?
My first question is on the order inflow for the particular quarter, especially for Industrial is up by 33% Q -O-Q and 45% Y -O-Y. Can you please throw some more details on this Industrial uptick and is it primarily of Railways or is ex-Railways business which has shown the uptick.
The last few calls you said that the Industrial Motor business is slightly on the in the sense, there is a lower activity. Are you seeing any uptick now? Do you think this will come post the election?
Yes. Good evening, sir. Congratulations on a very, very good set of numbers. My first question is on how to think about the capacity addition beyond 20 GW. If I understand correctly, you've got 20 GW locked in PPA. But I don't think we are bidding right now and we're not participating in any of the bids.
Does it mean that you're not participating in the upcoming SECI bids of hybrid or storage, anything? Is that the right understanding?
So the first question is, have we taken tariff hike across all your ports in the beginning of the year? And if yes, can you please quantify the average hike?
Yes, sorry. So, but.
Good evening madam, thanks for t he opportunity . M y first question is on the renewable portfolio is it possible for you t o let us know what is the total renewable portfolio under construction and how much is the capacity where we are L1.
So my question was madam you have won fair amount of projects in this fiscal year FY2024 and many of them we want to receive the L OA, can you please quant ify that number where we are L1 and we have not received the LOA.
My first question is, is there an impact of freight cost in this particular quarter? Are you seeing that the freight cost has jumped substantially in the quarter because of Red Sea ? Does that impact does it impact the Q4 also?
My second question is on the non -mining sector. The volume has been declined in last nine months. Does it mean that there's some weakness in the cement industry which is percolating to a weakness in volumes? It looks like FY24 there'll be decline in the overall volume YOY for the entire fiscal.
Sir my first question is on the order opportunity from the petchem side. The Consultancy income -- the Consultancy order inflow has been pretty weak, especially in the last quarter. How do you think about it in the next 10 to 12 months? And if you can just lay out the order opportunity, project wise, it will be helpful?
I'm talking about Consultancy in general, the large orders, large packages, which...
Good evening, sir. So first on the coal trading, the numbers are very, very high in this particular quarter. Can you please comment on this? And because the EBITDA per ton, I think it's around INR 700 per ton compared to what we achieved in the last few, I think, last 10 -12 quarters, numbers are below INR 500 per ton. Is there something extraordinary there?
Understood. My second question on Carmichael mines. Is it possible to spell the – let us know the revenue and EBITDA for this present quarter? Of course, I have the PBIT number, which is INR 274 crores. If you can just report the EBITDA number, it will be helpful?
It's very heartening to see a strong accretion order book. Sir, my first question is, of course, the very strong order book. But the execution especially in the Q3 has been only 170 MW while we are having an order book of 3.2 GW. Can we see a higher execution in Q4? And can you give some tentative timeline of execution of this entire order book of 3.2 GW?
Sir, my question was the execution for the Q3 was only 170 MW, but you're carrying an order book of 3.2 GW. How do you see the execution in Q4? And how one can expect this 3.2 GW to flow into our revenues for the next -- some tentative timelines, yes?
Good afternoon, sir. My first question is on the, what is the timeline for the smart meeting rollout? Is it fair to say that entire 21,000 or 2.1 crores smart meter will get installed over the next three to four years? Is that a fair understanding? And the related question is, how do you intend to fund this outlay? Is it you'll fund all the projects SPV by SPV depending on the discom?
And my question is, are the discom ready? And how do you intend to fund this outlay?