I beg to differ. Result is not flattish. Result should be compared YOY and not QOQ, as Q4 result always distorts the picture being year end figure. YOY result is good on the basis of both topline and bottom-line. Actually profit before tax is much better. Q1 and Q2 are generally dull for the sector and Q3 and Q4 is much better. So it is heartening to see the company maintaining tempo. Further clarification can be obtained from con-call.
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