Profit and loss statement
Balance Sheet
Dear investors,
Above profit and loss statement show OPM margin jump from 10% (2018) to 23% (2019 and onwards), if we check balance sheet fixed asset, there is no increment during or one year before (capitalization amount) these periods. so chances of backward integration during this period is less.
Below is screen image is from annual report of 2018-19, shows same product (as shown in current year) as major export product.
May be this jump in margin is due to price fluctuation (could be temporarily), sustainability of margin is the question
may revert with your views.
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