Why jyoti resins have very less CFO(cash flow from operation) as compared to PAT(net profit) ?
=Till 2021, Pat and Cfo are almost similar. However ,from 2022 onwards, cfo is very much less compared to Pat
Let’s see
2022
Pat@20 cr
Cfo@ 3cr
=This disparity was due to high receivables(12cr)
2023
Pat@46 cr
Cfo@ 1cr
=This disparity was due to
A…High receivables(27cr) and
B…Increase/ Decrease in noncurrent financial asssets(-27cr)
2024
Pat@67 cr
Cfo@ 27 cr
=This disparity was due to Increase/decrease in other bank balance(55cr)
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Can anyone throw light on following two items and why these 2 are under working capital changes?
A…Increase/ Decrease in noncurrent financial asssets
B…Incerase/decrease in other bank balance
=In screener, above two items are kept under “other wc items”
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