Sucrit D. Patel

Good morning to the team. I have 2 questions. The first question to Mr. Kumar is, from a financial point of view, want to understand what key risks or challenges do you anticipate in the coming quarters, and what specific measures are being taken to manage margins, cash flow, and balance sheet strength, especially in areas like raw material cost volatility, receivables, and compliance. That's my first question.

Thank you. My second question to Mr. Ganesh is, from a projects point of view, how are you aligning Sundram Fasteners capital allocation and project pipeline with long-term growth, and what risk do you see in execution timelines, financing or industry dynamics, and any steps taken to mitigate them? Just want to understand a forward guidance on this? Thank you.

Thank you and best wishes.