Mahesh Patil · ICICI Securities
deflectedTop line and investment in defense business
We will update on defense fully, as a segment, in detail from the first half of next year, so post the September results.
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Mahesh Patil · ICICI Securities
directCommissioning timeline for 60 watts cell and module line
The new lines will be expected to be ready by 30th September this year.
Mahesh Patil · ICICI Securities
directTax impact on gains booked this quarter
It will be taxed at 15%.
Mahesh Patil · ICICI Securities
directCommissioned assets in airport business last 12 months
There's no commissioning as such on airport. Airport, only asset we added was Navi Mumbai Airport. Operating airports only.
Mahesh Patil · ICICI Securities
directModeling Navi Mumbai Airport for FY27 and expected losses
No, airport is a regulatory asset, so there's no question of any losses. On the air side, the way to model it is to take the regulatory asset base. Provisionally, it will be close to INR 20,000 crore. Weighted average rate of returns is expected to be around 12%-14%.
Manish Somaiya · Cantor Fitzgerald
partialReason for airport growth slowdown from Q2 to Q3
No, actually, the growth is well over 30%. It's just that, we have, the numbers that we mentioned, we've taken out a one-time element. There's no specific issue regarding IndiGo.
Manish Somaiya · Cantor Fitzgerald
partialImprovement timeline for legacy businesses (IRM, mining)
The main thing there is that, as you know, that we've flagged it last time also, a slight delay in the ramp up of Kutch Copper. But we expect that now the full utilization should start over the next two to three months.
Manish Somaiya · Cantor Fitzgerald
evasiveDetails on data center partnership with Google
We are just currently working through with the relevant agreements, and so they are, you know, there's nothing that we can share which would will be complete. Probably say it's about another quarter to four months away before we can we'll be able to publicly share the rollout plans.
Manish Somaiya · Cantor Fitzgerald
partialPro forma capital structure after recent financing
Our total external debt now is roughly around 36, just over INR 36,000 crore, external debt. And then, we have, sorry, 36 that is allocated to our incubating businesses. And overall, just to give you a basic long-term debt number, the gross long-term debt is about INR 78,000 crore.
Pratik Kumar · Jefferies
directNon-recurring item in airport EBITDA and its nature
INR 220 crore one-off. This is largely, like, for the specialist hangar development and advance received against that.
Pratik Kumar · Jefferies
evasiveNavi Mumbai Airport passenger run rate and FY27 volume outlook
I think we will actually the volume details and movement, we will confirm and we'll provide between the two airports as part of our annual results.
Pratik Kumar · Jefferies
partialCoal to PVC project timeline and CapEx incurred
From a revenue perspective, you should look at calendar year 2028. Completion point of view, base completion towards end of this year and then ramp up. Currently our CapEx that has already been expensed on that business is in the vicinity of about INR 9,000 crore, so just over a third of the CapEx.