Total Distribution for FY23 – Rs 2060 Cr.
In Consolidated P&L statement, I understand only depreciation and amortization are non- cash expenses , all others are cash expenses.
So, profit after tax for the year (Rs 505 Cr) + Depreciation (Rs 916 Cr) + Amortization (Rs 211 Cr)
= Rs 1632 Cr , should roughly match NDCF / Distribution (Rs 2060 Cr)
However, there is a gap of ~Rs 428 Cr ( Rs 2060 Cr – Rs 1632 Cr) between distribution and cash profit.
What am I missing here. @dd1474 Sir, if you can help?
Subscribe To Our Free Newsletter |