Hi All, I was looking at Saregama’s ARs and found a few things which struck out as oddities. I wanted to understand this groups’ perspective on this. It would be super helpful if you all could throw some light on this
- Salary hike % mismatches
I am seeing a few aberrations in how the remuneration hike % has been calculated for Mr. Vikram Mehra across the financial years.
This hike from 5.93 Cr to 6.42 Cr is clearly an 8.29% hike. Makes sense to me till now.
However, this is where I didn’t understand the hike %. Mr. Vikram’s salary has increased from 6.42 Cr to 9.37 Cr, a 46% hike. However, the table shows 25.72%. What am I missing? I tried adding the interest-free loan mentioned below the table and still, it doesn’t add up. Any thoughts on this?
@Worldlywiseinvestors @sahil_vi – would love to hear your perspectives
- Median hikes paid to employees
While Mr. Vikram got a hike in FY 22 for the company’s stellar performance, the other employees didn’t. Any articles that can be shared which allude to why this might be the case?
Disc: Tracking the company and industry closely.
| Subscribe To Our Free Newsletter |
