Why disappointing? Net debt has halved due to 800cr QIP last quarter. collections have improved and the company expect net surplus of 8k cr (total mcap 3000-4000cr). Classic profit and revenue are meaningless for Real Estate companies.
Didn’t know about the CFO resignation and couldn’t find anything on the net around his resignations. Was that part of the management change that is meant to happen post merger (in which case it is a positive sign)?
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