In FY24, Gravita India faced auditor scrutiny for accounting practices, however the unusual accounting/irregularity in line items was there before as well, such as gains/losses on commodities, etc.
What is covered in the Full Insight:
Qualified Opinion related to accounting
Unusual Commodity Gains
Significant Forex Fluctuations
Negative Free Cash Flows
New contingent liability in FY24
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.