Q4 FY23-24: INR Cr | Turnover | PAT | PAT% | % Contribution to PAT |
---|---|---|---|---|
UAE Subsidiary | 10.48 | 0.89 | 8.49 | 8.27 |
Singapore Subsidiary | 17.61 | 8.94 | 50.77 | 83.09 |
Xandos (Indian Subsidiary) | 0 | NA | NA | |
Standalone | 36.08 | 0.62 | 1.72 | 5.76 |
Consolidated | 59.61 | 10.76 | 18.05 | 100 |
The Singapore subsidiary has topline of 17.61 cr in Q4 FY23-24 and PAT of 8.94cr which is PAT margin of 50.77%, whereas the indian standalone and UAE subsidiary have Q4 FY23-24 turnover of INR 10.48cr and 36.08cr resp. and PAT of 0.89cr and 0.62cr resp which gives PAT margin of 8.49% and 1.72% resp…
I wonder what is so special in the singapore business that it gives PAT margin of 50% plus and the standalone indian business have a PAT margin of just 1.72% and the UAE business has a PAT margin of 8.49%
To top it i note that the singapore subsidiary has been classified as non material in annual report for FY23-24 and its financials are unaudited based on comment in Q4 result from auditor.
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