Sir, just two questions. So, one is on your Slide 36, your RWA to total assets is down quarter - on-quarter and you have degrown the corporate book and the mortgage book has also grown lower than the overall growth quarter-on-quarter. So, what would explain this lower RWA? And the second is just on the savings account, again, I mean, assuming you get a 50-basis point rate cut, would you expect savings account growth to go up o r do you think this is more structured this time?
Thank you.
Just two questions. One is on the residential margins again, what will be the gross margin against this EBITDA at 48 that you have for the full year?
No. So, that will be like, overheads basically. I just want to know.
Just wanted to confirm one number, basically your total customer asset growth for next year should broadly be similar 20% odd and your incremental deposit accretion for next year would actually not be that high versus this year, right?
But I was talking more from customer assets, total customer assets, you have grown 20% that is 400 basis points over the system this year. Would you be still confident of achieving that?
So, I had a few questions. The first is essentially on this economic interest. So, we have seen this economic interest go up. Can one expect this to keep going up to like let's say 90 %, 95% or do you think 85%-odd we peak out now?
So, effectively, the EBIT which you're reporting at about the proforma EBIT. If you adjust for this, on a normalized project basis, you should have earned close to 30 % because you are basically happy to earn 25%. That's the broad understanding I am coming up, right?
Sir, just two questions. One is the SMA. If you look at the total, 0 plus overdue book. That has gone up by INR470 crores quarter-on-quarter. I just want to know, is this your normal run rate? Because this book went up also by like INR230 crores in the second quarter, then about INRl,100 crores in the first quarter. So just in terms of the zero plus, how much -- how do you think this forward book, how does it flow through? Or should we think about the INR470 crores and INRS00 crores as a normal run rate from here on? Saurabh, I believe, considering the current situation and stringent underwriting norms, which we have adhered to, at least INR300 crores to INRS00 crores of addition, from zero to the DPDs, what we're expecting even for one or two quarters. And then we'll work out how the situation improves and then we'll let you know. But as of now, yes, for the next 1 or 2 quarters, yes, that's the run rate which we believe would continue. Okay. Helpful. And the second is just in terms of the savings account, I mean, can you just quantify how much of the -- I mean, how much of it would have been wholesale savings versus retail? Or is it all retail savings?
Okay. So that decline which is we are seeing quarter-on-quarter is the wholesale decline?
Am I audible?
Okay. Sir, a few questions. One is, I was just looking at your RERA filings for Privana and Arbour. So your construction costs incrementally are in the INR9,000 range. Is there a reason why the construction costs are so high? Is it like just a high-spec apartment which you're doing. So what would explain such high construction costs, which is -- because I mean the question is essentially your gross margin should be going up and they're not?
Sir congratulations, Team DLF for achieving this positive net cash after guiding for almost 7 years. So seems to be a similar quarter for you guys. So I had a few questions. So 1 is, on Camellias, Aakash, so 14 apartments for INR712 crores. So fair to say that the pricing has now gone to INR70,000 crores, INR75,000 crores, if I just kind of do some back calculation on this unit sales? So that's the first one. The second is on your cash flow. So our construction spends are still relatively low. Now as your construction spends kind of move to the -- and you have 30 million square feet under construction, so your construction spend maybe ramp up to maybe INR2,000- crores, INR2,500 crores a year, would you think that your cash flow is now we set still to this INR1100 crores- INR1200 crores that you are kind of generating right now? Or is this, in some sense, be cash flow what we're seeing? The third is essentially ju st on your debt. Sir, what's the logic of keeping INR3,000 crores of debt and then INR3,200 crores of cash on balance sheet, that I could not finally figure out? And lastly, one for Mr. Khattar. So it seems to me basis your presentation, you don't have any space available for marketing in the non -SEZ space in this DCCDL whereas you may have some vacancies SEZ, but the non -SEZ space is not available. So what are your thoughts in terms of getting that space to market because that's where the demand seems to be? So these are few ones.
So just had a few more. So 1 is your staff cost is down quarter -on-quarter. What explains that? I mean given the performance of the company. So that's first. The second is with Dwarka Express way, we are now finally completing, sir. Is there are like a lot of investor inventory, whatever gets unlocked and that kind of comes to the market? And how does it interact with your New Gurgaon supply, if you have any thoughts about what archive Dwarka Express completion in Gurgaon? So that's the second one. And thirdly, Tyagi sir, you have kind of your sales guidance has gone from INR12,000 to INR13,000 and this call INR13,000 crore plus. Would you want to kind of give a range as to where you see the number or should it be better because every quarter now you...
I have just one question. Sir, on this wholesale credit side, so you have had a large recovery. So, two things. One, can you help us with what is the quantum of the -- on the written -off book, what is the quantum left? And how long would you expect this negative credit cycle -- I mean the recovery side in the corporate will last -- negative net slippage in the corporate to last? Thank you.
Of this how much was corporate?
Sir, just two questions. One is what would explain this high growth in individual investors that you see in almost 10% Q -o-Q versus industry at like 4%, you're almost nearly 50% of the incremental additions in the industry. So , what would be explaining that? Is this a scheme performance or anything else you've done? And secondly, just on the yields, your mix is better, but the yield is down. How do we explain that?
Just 1 additional follow -up on this. So basically, y our TERs are going down, but your EBIT margins are broadly sustaining at that 35, 36, because you seem to have some operating leverage as well. So fair to say, I mean, you can broadly sustain this margin structure going ahead as well? The 35 basis point odd?
Sir, just two questions. One is, what would be your LCR this quarter?
LCR for the quarter.