Congratulations, sir, on excellent set of numbers. Big wealth creation for the lucky investor who got the allotment in the IPO, so I just wanted to know about the opportunity size for us and the expected growth rate and the differentiator for our company, especially dash cams and other being made compulsory a sort of for preferred not compulsory at least but preference-wise also sir?
And what about the differentiator for us, sir, differentiating factor for us?
Congratulations, sir, for good set of numbers. My question is any risk of destocking, inventory, etcetera, in our company? In GLP-1, how is the overall opportunity size for us and expected growth rate for next two, three years and differentiator for our company, sir? Thank you.
Any risk of AI in the discovery stage where we are focused?
I just wanted to know about any destocking we are facing in any molecule and that is leading to some sort of soft performance over the last few quarters and if the situation might improve in the coming quarters? Secondly, what portion of our portfolio will comprise of GLP -1 drugs in FY28?
Sir, congratulations on excellent set of numbers. A few questions about -- number one was about the product. Any risk due to the product concentration and the client concentration in our case, which you have thought and competition intensity, which we face and opportunity size and expected growth path for us. And lastly, sir, a small complaint. Ours is the only company, which is -- Ekta Srivastava, the Company Secretary, who is refusing to share the shareholder list. I've been writing many mails. But unfortunately, out of my portfolio of 40 companies, Ours is the only company who are saying you come to Surat and have a look at the shareholder list. That's very, very unfortunate and gives a very wrong message.
I agreed, sir. But point is, out of -- one company out of 40, 50 companies, a small request, a small complaint only because everyone else is sharing then why is our company so hesitant to share it, sir. We are doing very good. We are having long-term point of view. We have seen the progress you have made. No harm in sharing this information also, sir.
Sorry, I was late in joining the call, sir. Just wanted to know what was the reason for the downturn in the profit? Was it due to the losses in our JV, Ramagundam and other sort of things? What value are we getting by going in for such JVs? And is it government pressure?
What about other JVs, sir?
Yes, congratulations, sir, on consistent good performance. My question is, is a case of peak margin for our company, especially in view of the fact that many nations have become very sort of xenophobic and not encouraging the migration to their countries for jobs and for student visa also becoming difficult. So, what impact it is having on our case? And second thing is about, what would be the impact of our e-visas and visa on arrival services for our company? And last question is about how do we stand with VFS and our differentiator? They are the bigger players and sort of better image they have on social media also. Thank you.
Do we get impacted because of that, sir?
This quarter, is the worst over for our microfinance and gold loan business ? Was it sort of a kitchen sink quarter and the future would improve from here? But numbers should also improve from here?
The same stands too for other loan businesses also, vehicle housing and other things also?
Congratulations on excellent set of numbers consistently after quarter after quarter. My query is about the export potential and any risk of duties being levied by the Trump government and the increase in impact of increased Red Sea and the factors leading to increased freight rate and opportunity size in India expected growth rate. Thank you.
Sir, just wanted to know about our dependency on the Chinese import kits and are we taking any steps to mitigate that and any risk because of the China dependency for us, sir?
And word on the opportunity size for our sector and the Company and are the current excellent earnings sustainable or is there any one-off due to hot summer this quarter, sir?
Sir, congratulations on a very good set of numbers. Sir, I think...
Is it okay now? Better now?
Basically, I just wanted to know about this foray of your tying up with the different electricians and who are the major influencers. How is that acting? How is that performing? Astral also did the same thing similar with the plumbers and that I believe was the key reason behind their success story. So is it in the investment phase or the returns have already started showing? The second question is FMEG business turnaround, why can we expect sir?
And sir, our margins are much higher in the domestic business and exports have been our focus since beginning and despite being of the lower margin. And any temporary setback or headwinds we are facing in exports due to Ukraine war and now this is Israel crisis and other things.