Yes. Hi, sir. Just one question as a follow-up to previous participant. You spoke about pricing for jewellery being lower than a pricing for loose diamonds on a per report basis. So, could you please explain the same? Why is the pricing in jewellery lower compared to what we see for loose diamonds?
All right. So, and when you talk about pricing per report, it means that you are pricing either a loose diamond or an entire jewellery. That's right, right?
I just had a question regarding raw material cost now that they've seen silver prices really going up. So what could be the impact in terms of -- like if you could quantify how much silver contributes to our total cost? And how do we plan on hedging from the same in terms of where the tariff has already been fixed, but the project is yet to be set up completely?
Okay. Can you just quantify in silver usually what percentage of total cost it contributes in a solar project for us?
Thank you for the opportunity. My first question is on the tariff. Could you explain what really is happening on that front? How much of it we've been able to pass to the end customer until now? And what would be our pricing strategy going forward? And what exactly is the situation in U.S.? Like with the increased tariffs and rising basmati prices, are you seeing that locals over there are shifting consumption from basmati rice to locally -grown rice due to the price in crease? That's the first part of the question.
Alright. So most of the tariffs you're saying -- like the current tariffs are 50%. So most of this currently has been passed on is what you're saying?
Thank you for the opportunity. My first question is on the tariff. Could you explain what really is happening on that front? How much of it we've been able to pass to the end customer until now? And what would be our pricing strategy going forward? And what exactly is the situation in U.S.? Like with the increased tariffs and rising basmati prices, are you seeing that locals over there are shifting consumption from basmati rice to locally -grown rice due to the price in crease? That's the first part of the question.
Alright. So most of the tariffs you're saying -- like the current tariffs are 50%. So most of this currently has been passed on is what you're saying?