Hi everyone, can you please help me to understand this I am new and trying to learn this things,
I have recently opened the Elecon march Quater 23 report from screener, also the recent PPT of the company and on the PPT the PAT for 2023 year end is projected to be like this
And on the Elecon march Quater 23 report also it is 237 crores
what I want to understand is are these the future projections of the company and when I see the quarterly results the PAT for march is 68 crores so I need to understand this points:
1)can the company future projections also be updated in the screener as this years PAT(237) objectively.
because these are projections right pls correct me if I am wrong,
2)If we can then we are valuing this company on the basis of future projections?
3)How can the future projections which are not yet achieved can be updated on screener as
actual PAT is it common,
It would be great if you can help me to understand this I am new.
Thank you.
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