I would appreciate if you can explain us for such a low RM cost. In fact in Q2, if we adjust inventory increase, net cost of RM is 4 as against total sales of 97! Such kind of value addition can happen only in fraud or real jewel. Not sure but need more understanding about same. I have gone through Audit report for FY15, no where company has mentioned about its input. Also, some issue about getting in advance revenue for capacity lending/building from MNCs. While per se do not see problem as give indication of strong bargaining power, but fail to understand Q2 result. Would appreciate if you can give some idea about raw material, input output norm, market price of end product and raw material as nothing is available in annual report.
Discl: No investment
| Subscribe To Our Free Newsletter |
