Difference is due to depreciation, Saghvi movers have huge depreciation expenses. Depreciation is an accounting expense not a cash expense. So, the cash generated is far more than net profit in P&L. This is what made me invest in saghvi movers during 2019 to 2020 at an average price of 80. In P&L they are making loss but generating cash and reducing debt during that time.
Disclosures: No holding exited all at above 600 and made huge profits
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