Few observations from other F/Ss:
Per St. of CF, Net Profit boosted by 22 Cr. compared to the last FY due to below non-operating non-recurring items:
- Liabilities/Provision no Longer Required Written Back = 12 Cr.
- Interest Income = 7.6 Cr.
- Net gain arising on Investments measured at fair value = 10 Cr.
Per Balance Sheet:
- Property, Plant and Equipment went up to 590 Cr. from 195 Cr. In turn, investments under B/S are down by 400 Cr. This shall lower the other income (interest) in the next year.
- Accounting Note: During the current year, pursuant to a proposal initiated by the Government of Telangana, the Company has undertaken conversion of its leasehold factory premises co-located with its registered office situated in the Azamabad Industrial Ares of the Hyderabad – Rs 34873 lakhs (including stamp duty and registration charges).
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