@Kumar_manas Trying to under stand about GPIL, from the presentation is it fair to say that GPIL produce iron ore and converts to value added products pellets/billets and other products. It does not sell iron ore directly in the market like NMDC, is it fair understanding or it sells iron ore also.
From the presentation it’s Management is moving in clear path and direction for the future, it become debt free, removed pledge last year, giving dividends, increasing stake in subsidiaries, sold non core assets, setting up solar plants, increasing existing capacities with clear goals for next 3/7 years.
The below shows the profit contribution for the quarter:
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