Notes from Q1 conference call transcripts:
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“I will calculate on the percentage of our revenue, it is coming to around 5% of our revenue” CFO. – Total cash losses, reconciliation issues / provisions for bad debts etc are very significant % of revenue. May not be so of volume of cash handled.
Radiant’s cash loss was 6.3 Cr on revenue of 355 Cr FY 23. And 0 cash loss in Q1. -
“I think it is an attractive market and can attract competition. And we have been alluding to the fact that we may see more competitive intensity in the coming year or two” – CEOx
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“We feel there is a lot of opportunity in the coming 5 to 7 years, which will come from organic growth, which will be slower than before for sure but with higher outsourcing from banks, I think that should compensate” – CEO
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