Jupiter Wagons (JWL) kicked off FY27 strong! Q1 revenue up 46% YoY to INR 671 Cr, PAT at INR 26 Cr. Management expects improved profitability ahead as volumes increase. The order book stands at INR 4,530 Cr, with 60-70% targeted for FY27 execution. Recent wins include INR 475 Cr for wagons. The Jupiter Electric Mobility (JEM) BESS order book surged to ~INR 500 Cr, aiming for INR 1,000 Cr by FY27. A strategic railwheel partnership with Lucchini RS & SIMEST enhances capabilities. Stone India's freight brake systems received RDSO approval, with production now underway. Management is confident about structural growth across rail, mobility, and energy storage.