Trade receivables on consolidated basis have further increased to Rs 199 cr as at 30/09/2015 from Rs 176 cr as at 31/03/2015.
When Company predominantly sold on cash & carry basis in Q1, such increase in receivables is not very clear and does it mean they have not managed to collect the outstanding receivables as at March 2015? Was there any discussion on these aspects in the concall.
Discl: Not invested.
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