While projects business revenue declined 19.2% to | 13.1 crore, it is EBIT positive with 7.8% margin (vs. | 8.2 crore EBIT loss in Q3FY21) indicating a turnaround. In FY21, this segment reported revenue at | 24.7 crore, down 47.4%, YoY badly affected by project headwinds. However, we expect projects business focus to be on project closures of legacy projects and focus only on profitable projects in flares and process equipment, going forward. AWL has provided | 15.5 crore as provision for doubtful debt and bad debt written off in projects business as one-time clean-up of books. The...