Naveen Kumar Dubey

Yes, thanks for the opportunity, sir. Congratulations to the team on robust performance, and you guys are really setting up new benchmark of growing at 30%. Sir, my question is related to the industry performance. As we see that second half of FY26 had seen growth of close to 25%, so how do we see that the growth should be in FY27 second half?

Okay. What would be the growth drivers be in second half, because the base was high in second half last year?

Right, sir and the second question related to the margin, sir. We have seen some 300-basis point of gross margin contraction in recent quarters. So, do we expect that the gross margin to 34% levels in next 2-3 quarters?