| Infrastructure Activity | Roads & Highways construction, BOT projects, building & urban infrastructure, railway/metro infrastructure, and maintenance services. | Integrated EPC capabilities, large owned equipment fleet, recognized track record with government authorities. | Primarily government clients and public sector entities (B2G). | BOT projects with tolling and annuity models, building & urban infrastructure projects. | 524 | 82 | Revenue from project contracts, EPC services, BOT toll operations and maintenance fees. | Contract-based payments including milestone billing, toll revenue in BOT projects. | Government's infrastructure development programs, continued investments in highways, urban and industrial infrastructure. | |
| Others | Steel trading and waste management business segments. | Established supplier relationships in steel industry. | Steel plants and industrial clients (B2B). | | 112 | 18 | Trading revenues from sale of steel and related materials. | Commodity trading margins. | Steel industry demand and plant operations driving trading activity. | |
