The 1Q15 con call report is now available on the company website.
I think the biggest worry of the company has been high recievables (~6 months outstanding). This, I believe is being addressed to a certain extent. Receivables in digital segment have reduced from 106days to 100days and on consolidation basis receivables have decreased from 158days to140days. The receivables for more than six months in digital,is Rs.20 crores. All other receivables are collected.
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