Atul Lall

We feel that the overall volumes without Vivo is going to be almost similar.

I humbly admit where possibly we have missed out is on the high margin category of industrial EMS.

The margin profile will be slightly under pressure this year because the PLI has gone off, and there is a lag in the margin accretion happening due to component foray.

For us, it's a passthrough. For us, there is no impact as far as the value chain and impact on the margins is concerned, on an absolute basis.

We are committed to an aggressive growth for Dixon. I think we feel confident about it. We feel committed to that.

We feel that this year numbers are going to be similar, 40 million, 42 million. Next year, we feel that we should be somewhere between 55 million - 60 million.

The telecom segments present a robust and long-term growth trajectory and can potentially be the second largest driver for growth after a mobile business.

With more backward integration, operating leverage, and some bit of ODM business largely in lighting, refrigerator, my sense is it should be very difficult to say, but the range can be somewhere around 4%, 4.5%.

We feel that the volumes in this JV for the next fiscal should be somewhere around 8 to 10 million and this is going to be a part of 1665 million that we're talking about for next fiscal.

We have secured a significant order from a large leading US telecom customer to manufacture telecom back microwave radios... production catered not only to the end market but also the global demand from Q4 of this fiscal.

We feel that the IT business for us in next two years should be around four to 5,000 grow business.

We have begun our financial year 2026 with robust all-around operational and financial performance.