Today Q2 results got published.
4fb6c951-344a-48a1-b9f8-58fed5d8ff9d.pdf (bseindia.com)
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Non current debt increased dramatically 246 to 498 crore.
Previously they said the new payments in November was supposed to by paid by indemnity payments, i guess now it is not happening. (Not sure) -
Found below note in the results
The Company’s investment in a subsidiary and loans given, along with accrued interest thereon and other receivables aggregates to � 2,811.65 crore as at 30 September 2024. These
amounts are good for recovery based on the projected cash flows expected from revenue contracts where Letlers of Intent or Memorandum of Understanding have been signed, refund of
cncashed bank guarantees. recovery of remediation costs incurred on projects and amounts recoverable under the indemnity agreement with the Promoter Selling Shareholders. Hence, no
impainnent required as at 30 September 2024.
Anyone has solid details on which subsidary is related to 2800 crore receivables? I have not heard the earnings call from 2022 or 23 so maybe they explained in the past.
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