Yup – poor quarter for the company. The MD had spoken about the poor demand environment but saw a much better H2.
A couple of points to note about the management integrity:-
1) As had been communicated by the MD – they are such a small firm that they still send physical copies of the results/annual reports and expect BSE to scan each page and upload the information. You can see that in the latest results.
2) I was told the results would be announced on 29th Oct (scroll up the thread) and that is the date mentioned on the results page.
3) Dividend has been credited today through NEFT 
(Currently available at more than 2% div yield and stable growth of 15-20% per year, RoE >20%. Only needs to continue for 2-3 years for some serious re-rating 
)
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