Kya chal raha hai Parvati Sweetners ke financials mein? 🤔
Dekho, company ne jo Q3 FY26 ke results bataye hain, woh kaafi surprising hain. Ek taraf toh operational revenue 98.4% gir kar ₹6.07 Lakhs pe pahunch gaya (last year same quarter mein ₹387.30 Lakhs tha). Total revenue bhi ₹13.83 Lakhs hi raha.
Lekin, iss revenue ke giraavt ke bawajood, company ne ₹333.09 Lakhs ka PAT report kiya hai, jo last year ke ₹134.13 Lakhs se kaafi zyada hai. Aur EPS bhi ₹0.25 ho gaya ₹0.08 se.
Agar hum 9 mahine ki performance dekhein, toh revenue 86.5% kam ho kar ₹292.47 Lakhs (previous year ₹2,160.20 Lakhs) raha. Lekin, iss baar 9 mahine mein company ne ₹1,056.73 Lakhs ka PAT kamaya hai, jabki pichle saal isi period mein ₹-125.90 Lakhs ka loss tha.
Toh asli dikkat kahaan hai? 🚩
Asli problem yeh hai ki company ke figures mein kaafi discrepancies dikh rahi hain. Q3 FY26 ke liye, reported Profit Before Tax (PBT) ₹397.48 Lakhs bataya gaya hai. Lekin agar hum diye gaye numbers ko dekhein – Revenue ₹6.07 Lakhs, Other income ₹7.76 Lakhs, aur Total Expenses ₹367.23 Lakhs – toh calculated PBT lagbhag -₹353.4 Lakhs aata hai! Matlab, jo profit dikha rahe hain woh math se match hi nahi kar raha. Aisi inconsistencies dusre periods mein bhi hain.
Iske alawa, company ne ₹290.29 Lakhs ka expense (seed procurement wala) postpone kar diya hai, jise woh 2 saal mein amortize karegi. Aur jabki revenue itna gir gaya hai, indirect expenses 9 mahine mein badh gaye hain.
Auditor ne bhi isse sirf Limited Review Report diya hai, matlab poori audit nahi hui hai. Toh bhaiyo, jab tak yeh sab discrepancies clear nahi ho jati, tab tak is stock mein invest karne se pehle bahut soch samajh kar kadam uthao!