Company is pretty aggressive in revenue recognition. CFO was 11cr but PAT was 30 cr, i.e. CFO/PAT is 39%. This looks like red flag. CFO/PAT in previous years were 19% and 39%.
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Company is pretty aggressive in revenue recognition. CFO was 11cr but PAT was 30 cr, i.e. CFO/PAT is 39%. This looks like red flag. CFO/PAT in previous years were 19% and 39%.
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