Good results.
Sales 223Cr vs 194Cr YOY
Net profit 45Cr vs 31 Cr
EPS 6.14 VS 4.29
Cash stands at 39Cr
Point to be noted is short term borrowings increased from 98Cr to 128Cr in last 6 months. Why do company require to borrow when they have so much cash and investments in funds? Not sure if something is cooking up here.
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