Siddharth

“On behalf of the InCred Equities, I would like to thank the management for giving us the opportunity to host the call. Today, we have with us Mr. Parash Tawla, Chairman and Managing Director, and Mr. Rohan Shah, Director of Finance and CFO.”

“So, my question is a bit unrelated to the business specifically. There's a lot of, if you look at the, you know, from a macro lens on the industry, there's been a lot of, you know, around the overcapacity fears.”

“Just wanted to understand and follow up to Harit's question. There is a quarter-on-quarter significant decline in employee expenses. Is that on account of certain manpower rationalization?”