“we are developing an additional 64,000 cubic meters of liquid storage at an investment of approximately INR125 crores. And I'm pleased to share that the progress is progressing as per schedule and with commissioning targeted during the first half of this fiscal year.”

“we're executing a major expansion of approximately 318,100 cubic meters of additional liquid storage, 77,236 metric tons of LPG capacity and an LPG bottling plant with 35,000 metric tons of annual capacity with a total capital outlay of roughly INR1,675 crores.”

“The first phase of this liquid storage expansion of approximately 100,000 cubic meters is expected to be commissioned in Q3 of FY '27 and will start contributing as soon as the capacity becomes operational.”

“the Board of Directors in its recent meeting has approved the development of a 52,000 metric ton refrigerated double-walled steel LPG tank at JNPA.”

“The construction of the CRL 4 liquid terminal, which will add an additional 94,148 cubic meters of storage is progressing well with commissioning targeted for next year.”

“the Kandla-Gorakhpur LPG pipeline is progressing well, and we expect this to be connected during the first half of this fiscal year.”

“We are developing an additional liquid rail gantry and have already secured a 15-year take-or-pay agreement with a leading conglomerate for petroleum products. The committed volumes under this agreement exceed 0.5 million metric tons per annum with operations expected to commence by the end of the year.”

“we have signed a 15-year take-or-pay agreement with Hindustan Zinc to service its upcoming DAP, that's Di-Ammonium phosphate, plant for part of capacity, providing long-term revenue visibility and a strong foundation for the asset from day 1.”

“the Board has now approved this expansion and the construction of an additional 49,577 cubic meters of storage capacity at this site. And this new capacity is expected to be commissioned by early in the next financial year.”

“And we will -- then upon completion, our total capacity at Kochi will increase to 132,122 cubic meters.”

“We are developing there an LPG rail loading gantry and bottling plant infrastructure with an investment of INR52.5 crores.”

“I'm pleased to say that we are -- we have secured additional land and are evaluating a further addition of 60,000 cubic meters of liquids here as well.”

“we have signed a nonbinding memorandum of understanding to participate in the development of Vadhavan Port with a potential investment of approximately INR20,000 crores, subject to the necessary approvals, land allocation and other regulatory clearances.”

“I would like to reiterate that cumulative capex is to reach approximately $1.2 billion in this fiscal year, reflecting the pace of expansion across our port network.”

“Looking further ahead, we have identified a capex pipeline of approximately $5 billion through the financial year 2030-'31.”

“We'll pursue this growth with disciplined funding through balanced mix of equity, internal accruals and debt, targeting a gearing ratio of approximately 0.6.”

“what I can tell you is that we have always had aim to reach 2 million tons in distribution in coming times ahead.”

“So yes, I think we should now look at distribution margin to be in the range of 7,000 plus going forward.”

“We believe that year-on-year, we would always clock a worst-case scenario growth in the logistics volume of around 25%.”

“Even from this larger INR26 EPS, we expect to continue our CAGR growth, which we have delivered last 10 years, 25% plus.”