Raj Mehta

Hello, am I audible?

And my first question is that following the tariff -related disruptions last year, so have you observed any permanent changes in the competitive landscape? So specifically, has GRP been able to win customers from global competitors? Or has the market largely reverted to pre -tariff dynamics?

Sure, sure, sir. So, my second question is that this quarter benefited from export recovery volume growth and improving contribution from new businesses. So, looking ahead, which of these do you expect to be the largest contributor to earnings growth for the remainder of FY27?