Shruti Mulchandani

Congratulations on great set of numbers. Sir, first question I have is that, I understand that the industry currently in Q1, especially faced more supply constraints than demand problems. So demand was there. And having said that the outsourcing partners we had in Morbi, they were not able to supply to us.

Understood, sir. This is helpful. And sir, having said this, the EBITDA margin sustaining at these levels, and I believe the guidance for FY27 was 100 and 150 basis points higher than FY26. So are we in a position to increase the guidance on that front?

Understood. And sir, just on the balancing equipment. So that capacity will also come in FY28 along with the 9 million square meter plant that will be reflecting in FY27?