Sangam Iyer

Sorry to harp on the working capital again. The receivables that we saw shooting up significantly in this quarter, was it primarily due to shipments more happening towards the latter half of the quarter? Or is this the new norm in terms of the receivables for the -- for this execution of this project? Just want to understand that first.

Okay. Because for an incremental INR560-odd crores of revenue generated, our receivables went up INR370 crores. So that's why I was just trying to understand what's the kind of payment term for this particular project. Because the project is large, and this could actually stretch the balance sheet incrementally, given that our cash -- net cash balance has also come down to INR200 -odd crores.

Got it. And secondly, on the margin front, I understand that we have product mixes that can alter margin on a quarter -on-quarter basis. So on an annualized basis, when you look at the mix of order backlog that we have and the mixing towards more wireless, should one be assume -- should one be looking at closer to 30% as a base case -- stable state gross margin? Or is that something too early to predict for now?