Sparsh Bedmutha

Sir, my first question is regarding the unit economics on our railway lounge. I wanted to ask how much does it cost for us to open one and how long before it earns them back?

Okay. Got it. And also, you mentioned that railway lounges could be a INR500 crores opportunity over 4, 5 years. Could you like walk me through what needs to happen for that number to be like how many stations and how many customers per station are we expecting?

Okay. Got it. And one last question. How do the margin economics of ETT compared to what you historically earned in the India lounge business? Are they like structurally better?