The ‘reserves’ increased to 2x from 546 cr in ’22 to 1156 cr in ’23; while the PAT increase was just 40cr.
During the same time outstanding shared increased by 8% i.e. 51.8mn shares to 55.9 mn shares.
Looking for some advice from accounting experts on what to conclude from this? how are reserves increasing so dramatically?
| Subscribe To Our Free Newsletter |
