Sagar Patil

Ground continues to grow faster more than 10%... while the e-commerce on air has been steady not very much growth.

The approach is to more balance to ensure the profitability in absolute terms.

We do not provide the breakup for the of shipments or payload between air and ground being sensitive information.

We can target that level of margin, but see the 12%-13% that we saw were post-COVID impact that we had seen. The way we are also trying to devise or improve the margins, not impossible to get to those levels of margin, in the medium to long term, I would say.

Given the consolidation that has happened, there could be a better opportunity to realize better price points to charge for the value being delivered.

Our pallet utilization remains at around 85%-90% for a volumetric weight kind of level.

We see that shift happening within the customer and the product or the lane mix that we see, weight mix as well.

The primary motive is to have that differentiated in service, which will help us without giving up the profitability.

We will not be able to comment. There will be seasonality, and there will be, of course, a volume growth that is happening.

The significant investments that we have done in the last year have also been very well operationalized.

We have taken successful price increases with both big and small players. We do remain in a strong position there.

From here on, we should only improve our returns as well as the return on capital employed.