Raghunandhan NL

Thank you sir for the opportunity and congrats on the recognition that Investor Relations award. Sir, firstly, on CAFE norms, what would be the current position of Maruti Suzuki and on future CAFE norm changes can you provide some color as well?

Thank you, sir. For full year FY '24, can you share some colour on the mix regarding first time, replacement, additional buyer. You alluded to the reduction in share in first time and how do you see that going forward?

And first time, how much was it last year and given the expectation that rural will do well in FY '25, would you say that first time should see some recovery? 9 | P a g e

Sir, my first question on the stand alone side is that raw material cost as a percentage of sales is higher than the last three quarters , and even the employee cost is higher. What has led to this cost increase, is there any one-off, and would you expect the RM cost to sale to normalise ahead?

Just to understand and sum up so this increase in the raw material cost would be mainly because of the DICV metal components effect and would there be any increase in input prices as well in this quarter which you think can normalize in the coming quarter?

Standalone When we break it up, there is wiring harness, modules and polymers. When I look at the segmental reporting of these emerging businesses , how much of that number would be coming from the standalone?