Ann: Appendix 4D and Half Yearly Report and Accounts, page-24

It’s terrible, and the lack of investor relations or call is irritating. I’m going to continue to hold, but this is just blind faith that there is some accounting trickery producing a worse than expected result (it’s usually the other way around!!)

I don’t understand it. Thanks hightrax for your explanations - assuming it is some kind of accelerated depreciation, why aren’t they reporting it as depreciation as opposed to costs? For tax reasons accelerated depreciation is great.. if they had any income to offset it against.

Really peeved as this stock has continued to disappoint both on the ground in the delays in turning around Nifty and now in their incomprehensible reporting.