As expected this quarter was a washout… they would have just about eeked a profit if not for the exceptional circumstance 19 crore hit due to “not fulfilling terms of contract with a customer”. Curious to know details about this. It’s a rather large amount for a company so small! Hopefully this is the current business bottom considering cng has begun dropping in price(just a paltry rs 2.5 last week). Q4 should be low single digits profit too by the looks of it.
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