Hi, Thank you for the opportunity So just a couple of questions on export business. So last year we have had a Rs.1260 crore kind of export business and you said Rs.160 crore was US, is that right?
Okay. Sir my second question on that is, what are principal competitors in the non-US markets, are these local companies, or are these global companies, or we face more of a Chinese competitor, this I am talking about non-US market.
Congratulations on a great set of numbers. Sir, a couple of questions from my end. Firstly, given some capacity constraints that you have in the cable business, may I ask how much volume growth you can achieve in the cable business over the next 2 years?
Do you mean the capacity allows you to grow 25% in volume terms?
Congratulations on good improvement in margin. Sir, a couple of questions, just one clarification. On guidance for Q4, are you saying cable and wire EBIT margin can go to 8% from 7% in Q3?
Right. And sir, second question is, in the quarter gone by, did you face capacity constraint in the cable business?
Sir, you said 10% volume growth in the domestic cable and wire business. Would it be possible to further break down in how wire has grown, now cable has grown?
Sir, 2% volume growth particularly looks not only on an absolute basis, but very weak compared to on a relative basis compared to some of your peers. So, anything that happened like why your growth rate was just 2% in the domestic wire business particularly given there was a lot of stocking that happened in the channel because copper was inflationary towards the end of September?
: My question is on exports business. Would it be possible to comment us on demand outlook for some of the large exports market like US, U.K. and China...?
Yes. And my second question really is on the -- this order backlog at the hand. I know you don't really quantify that number, but would it be qualitatively comment whether your order backlog at the hand is higher compared to the previous quarter? And how is it compared to the same period last year?
: My question is on exports business. Would it be possible to comment us on demand outlook for some of the large exports market like US, U.K. and China...?
Yes. And my second question really is on the -- this order backlog at the hand. I know you don't really quantify that number, but would it be qualitatively comment whether your order backlog at the hand is higher compared to the previous quarter? And how is it compared to the same period last year?
Sir, may I ask which all international markets do you directly participate to get orders?
And here in these markets, sir, at a GE entity level, how it get decided which entity to bid? Is it at a product level where cost competitiveness is higher and global parent kind of decides it?
Congratulations on stellar set of results. Sir, may I ask how much of your domestic backlogs actually come from the utility segment and how much is from the industry segment?
Private will include the related party order as well as the TBCB from the private sector, right?
Yes. Hi. Thanks for the opportunity. Sir, would it be possible to comment just the profitability of your AC business, how it has moved sequentially on a year-on-year basis, just the AC business?
Sir, not for the segment, sir, within the segment, just the AC part of it. Because there were some liquidation impacts and the new ramp-up in factory impact, so I was just wondering if we can get the clean RAC business, how it has behaved in terms of profitability, that would be really helpful.
Sir, would it be possible to quantify advertisement and promotion spend that you did in the AC business in this summer season versus same period last year in terms of percentage of sales? And sir, also a related question I would have is has there been a material change in your channel mix in the AC business, if I compare this summer season versus last year?
Has there been jump, sir, if I compare summer period to summer period like year-on-year?
Congratulations on strong performance. Sir, my first question is on the CarbonLite business. Here, we see that order inflow for the segment is about Rs 234 billion. Does that include entire 4 gigawatt of ultra-mega plants that you book or there is some portion that's not included in that?
Right. So sir, in that case, is that right that ordering per megawatt is about INR5.5 crores, which looks quite aggressive? Subramanian Sarma: No, I don't think sir your calculation is right. It is higher than that. When the results have been declared, I think it was...
So, very good to see 60 basis point kind of improvement in Infrastructure EBITDA margin. So, would you say that underlying margin improvement, if you look at separately the domestic business and international business are probably far higher and partly getting offset by mixed change towards international business?
And sir, second related question is, when we guided, we will be around 8.2 kind of margins in the projects business in 2025 as well. How should we see these margins in the context of trend margins? These 8.2 margins are still below the trend that is possible considering how business has changed, both on the kind of orders that you are winning, as well as how the business mix is changing or you think that probably 1% to 2% below trend levels. So, some kind of guidance on how one should think about improvement over the next couple of years from when you exit in 2025?
Yes, hi. Thank you for the opportunity. And congratulations on the amazing set of results. Sir, you briefly commented on the outlook for some of the key end markets in your projects business, may I request you to please elaborate that a bit more for some of the end markets?
Yes, like manufacturing, data center, commercial building, can you please elaborate a bit?
Sir, are you seeing tailwinds from the rising rooftop solar system adoption in India because of this government's Surya Ghar Yojana?
Right. And relatedly, are you also getting -- is there a cable intensive demand apart from FMEG products? Is it cable intensive or it's more wire intensive?
A couple of questions on the RDSS business that you do. May I ask the current order backlog that you have in this part of the business? And second thing is, how is the whole order prospect pipeline looking like in this?
And the second question is on the whole EBITDA margin that you generate, both what you book in your cable business and what you book in the EPC part of it. May I ask what is the blended margins that you get or some colour on what are the margin versus your portfolio margins?
Sir, would it be possible to comment on the telecom business profitability for the current year? And how is it likely to improve as you aim to double that business?
Right. And second, sir, you alluded to the Oppo volume being around 7 million to 8 million next year. These are just Oppo volume or these include Oppo plus Realme?
So, we have seen a very impressive ramp up in th e telecom business. So, will it be possible to share how large this business can become few years?
And sir second is on Ismartu. So, you have given a revenue contribution of about 1100 crore in this quarter. Would it be possible to share some light on, how about the profitability in this business compared to your overall EMS business?
Congratulations on good set of numbers. Two questions actually -- What I want to know sir is what percentage of your backlog is really a fixed price contract? And how much is the price variation? And the second related question is, sir, would you say the part of positive surprise you saw in the material margin is due to commodity stability or commodity deflation from the point of order booking to the point of execution of sales, as well as probably due to stability of Indian currency from the point of booking of the order to the execution of the order? Otherwise, you would have built some deflation? Those are related questions.
Okay. So would you say it is base orders that you do, it's still a very large portion? Some of the margin benefit that we have seen on the material margin is partly because of time of booking, the commodity what were there at the time of booking and how they have been stable or deflating to the point of execution?
Ya, Hi, Thank you for the opportunity and congratulations on the good set of numbers. So, just couple of clarifications. So, did you mention that both economy raise as well as premium range of product did excellent for the refrigerator category in Q1 and you have had a gains in both direct cool as well as frost free subcategories?
Okay. And within the DC as well, did entry also did well?
Yes hi. Thank you for the opportunity. So, very strong order prospects pipeline that you have with INR1,50,000 crores. It's a jump from INR1,30,000 crores you have had a quarter back. So, would it be possible to share how is it split acr oss domestic and international a nd within the domestic sir, how is it across the various segments you operate in?
Sir, the break-up of order prospects pipeline of INR1,50,000 crores?