Ashish Dikshit

We want to be a steady double digit growth and EBITDA 11-12% steady... you should see a more steady trajectory hopefully over the next few quarters.

We expect TMRW to be somewhere between FY 2029, is when TMRW should breakeven.

We plan TCNS to become a key profitable growth driver within our Ethnic portfolio.

Our ethnic portfolio, the most comprehensive in the country, continues to deliver consistent growth in both revenue and profitability.

The only losses will still be remaining in Tasua. TCNS would have completely turned around and designer portfolio as a whole is quite profitable.

The ethnic business is a very beautiful business shaping up extremely well, both in terms of size and profitability.

If we figure out profitability right, I won't worry about other pieces. The intermediate metrics don't define the end outcome.

The ethnic business is a very beautiful business shaping up extremely well both in terms of size and profitability.

Pantaloons has not delivered consistent same-store growth for some time, and that's the holy grail we are trying to chase.

We are sitting very well-capitalized for the growth ambition.

The large part of profit improvement in Pantaloons has come from margin expansion, which is gross margin expansion, which is a function of lower markdown, which in turn is a reflection of better product apart from better planning.

We think at least 300 basis points improvements from here is pretty much something that we will look to target in the next couple of years.