Horrible show from the company but good Management Commentary!
Just noticed their other Investor Presentations and observed that the company has never given Management Commentary in their Presentations. Giving it this time is a testimony of the fact that the company realizes the panic these dismissal set of numbers can create and as such the company has tried to make its shareholders’ informed about the reason for the same. These is good practice and protects the investors from misrepresentations.
As per the commentary, the execution of 12000 pumps would have added a magnitude of Rs. 300 Cr to the revenue. So, once the order is executed we can see a good quarter hereafter.
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