Management didnt seem confident of answering straight forward questions
My take –
1)growth will be difficult in first 2 quarters. Some growth is expected from q3 onwards.
They are estimating to match h1 fy24 with orderbook of tippet.
2) recievables are a real pain.increasing qoq. This is even after recieving a major portion of Ayalan.
3) they mentioned billing for q4 around 35cr. However revenue for q4 was around 22cr. Couldnt undertand why revenue are lower than billing.
Definately going through a difficult and uncertain times.
Disclosure-invested.
| Subscribe To Our Free Newsletter |
