Shravan Shah

“So, first, sir, on the capex date and the expansion front. So, in terms of the last presentation that we have uploaded for Q1, so, it seems that in terms of the capex number has been increased.”

“Sir, just wanted to understand, despite the strong execution for first-up 21% plus growth, We are saying 8 to 10% of our guidance that we are maintaining. So if I translate into the numbers, that means that we are looking at 6% to 9.5% kind of a degrowth for the second half.”

“So, first, in the 1H, we have a 4% volume degrowth. We have explained that the Q1 loss got kind of a setup by the 2Q volume and that were channel restocking. So, given this, and then the last year Q4 also was a significant volume kind of a 1,200 odd ton.”

“So first, on the volume front, so we are maintaining a 7 million ton for this year. So obviously, I assume this is only the sales volume and not the clinker sales.”