Hi, sir. Firstly, congratulations on great set of volume growth for the quarter. And I just wanted one follow up. In the start of the year, you were mentioning that you were looking at a 12,000 crores topline for ‘FY26. Like we agree that you have maintained your volume growth guidance. Would you throw some light on this number if you have revised that downwards?
Sir. I completely agree. I just wanted to derive some sense. That's helpful, sir. Thank you.
Sir, just one follow -up question. On the television interview, you mentioned that you've been looking at a 12% to 15% growth for next year as well. So this is overall volume growth or just the pipe segment that you had mentioned?
Okay sir, got it. Thank you so much for the clarification.
Congratulations on a great set of numbers. Sir, firstly, can you highlight what is the dealer channel inventory right now? Are we seeing restocking happening again since the prices have come down sharply?
Okay, sir. So is there any element that in Q2 that numbers could have been better, but there were some elements of destocking like what your peers have highlighted?
Just one clarification and advice. You have mentioned that the focus is on volume growth. If I look it in quarters back in the con-call, you were mentioning more of a premiumization as the strategy. Is there a shift in strategy or the volume growth will come and premiumization will also be with it? If you can just explain a bit on it.
Yes, hi, team. Congratulations on great set of numbers. Just one question, if you can highlight what would be our EBITDA per ton for export markets. So right now from Dubai, how much is it and what could be the target that we are aiming from Bhoj when we start those operations?
Got it, sir. Thank you, sir and all the best.
So just one on the pipe front, you mentioned that you will be having the double wall corrugated line at every plant, and we are also entering OPVC. So are we seeing this infra demand to pick up and infra to be a larger share of our revenue for the pipe business?
Understood, sir. So that will not then -- I mean, I'm sure you all have given the guidance and you have also delivered on it. So that does not dilute the margin per se on the blended basis. I mean, usually...