Yes, indeed good results. But finding it really strange that the audited numbers from last year seem to have changed between RHP and Results shared today. In RHP, FY22 profits were reported as Rs.7.46 Cr, and in results today, it shows Rs.10.20Cr. On further scrutiny it appears their Depreciation amount (under Expenses) has been altered significantly from Rs. 9Cr. To Rs. 5.2Cr. that’s causing this difference. Not able to understand why a company would show reduced profits for RHP only to increase it afterwards. If we took RHP FY22 numbers into consideration, Q2 results would have been considered spectacular. But now when they show it versus increased FY22 numbers, Q2 performance seems just ok.
Any thoughts from anyone? Would love to understand other people’s view on this.
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