Parth Agarwal

I have a question regarding the Opex cost, which has increased significantly this quarter. Is it attributed to only NFOs? Or is there any other reason?

So can I expect this ₹ 90 crores of run rate to continue in the FY '26 as well in subsequent quarters? Or is there a possibility of it getting normalized?

These number means FY '25 numbers or quarter 4 FY '25 numbers?

I have one data keeping question.

Okay. Can you help me just reconcile one difference in your presentation that is on Page number 6 -- 5 and 6 in the ADTO data. So, as per page number 5, your ADTO in future is around INR20,796 crores, whereas in the Page number 6, where you actually shared the breakup, that number is INR20,471. I'm not able to reconcile the difference.

On the 5th Page, if you refer to average daily turnover of futures, which is INR20,796 crores for quarter 3 FY'24. Correct?