Siddharth Mehrotra

Thank you for the opportunity. Sir, you mentioned that we expect to gr ow somewhere in the high single-digits for the GGBS segment. Now if I recall, we had earlier guided that we expect to grow in perhaps mid -teens in this segment. So perhaps is this a change in our overall outlook for GGBS to a slightly lower level?

And in say FY '28-'29, do we expect similar numbers or do we expect to go back to double- digit guidance?

Understood, sir. Secondly, we just highlighted that we expect to end the year with around 60% capacity utilization in our Rajasthan plant. So just wanted to understand, even 1Q exit, our capacity utilization is more t han 60%, 65% as per our PPT. So, why the subdu ed sort of expectations for full-year utilization?