Results look good YoY and QoQ, but can anyone comment on what’s going on with ‘other income’? QoQ its a 40crore favourable swing. This mostly seems to be interest income and gains/ loss related to financial instruments. Why is this part of revenue? Assuming this flows through the P&L at 100% margin it seems sequentially 1Q24 core margins are a bit weaker vs. 4Q23.
https://archives.nseindia.com/corporate/QR_Stx_sw_Signed_10082023170810.pdf
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