They paid 51.5 Cr. of interest in Q4 FY24 for outstanding debt of 577 Cr., When I calculate interest on annual basis : 51.5 x4 = 206 CR. ,and when I calculate the rate of interest on debt of 577 CR : 206/577 x100 = 35.70% rate of interest.
35.70% rate of interest is extremely high rate of interest. AM I missing something ?
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