Narayan S. Iyer

Yes, your observation with regard to the RMC percentage consumption there being about 4% is true. I would like to take you back to last year where we had stated that we had the advantage of low cost raw material and the high cost of selling prices which we were able to get during the Calendar Year 2025.

So, let me clarify this. First and foremost, the 6,000 metric tons of capacity was to come by June 2026, will now come by September 2026 is what we are saying. And from 54,000 metric tons to 66,000 metric tons, the balance 12,000 metric tons with regard to the Phase-2 CAPEX, that is what we are trying to say that by September 2027, the Phase-2 will be completed. I hope I am clear now.

You want to understand about the PRIGIV? The PRIGIV JV revenue generated was about Rs. 18 crores and EBITDA generated was about 14%-15%.