Hi valorem
I had also gone through the Latest annual report.
My Doubt is even though company has been embarking on huge capex there
Property, plant and equipment actually decreases to 98 cr from 117 cr
Secondly CWIP is still 460 cr which means plenty of capex still left to be executed.
Thirdly Under Other current Assets there is Indirect tax balances/recoverable/credit which becomes 78 cr from 7 cr. can’t understand what it means
Please share your view on the same.
Disc: Invested. this is Not a buy or sell recommendation
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