Just one question regarding their financial situation : they indicate in their presentation that they have gross cash of 106.6 m$ at 31/3/24 from cash, term deposit and cash raise of the Piramal placement.
But when I look at their B/S at 31/3/24, I can only identify 70 m$ of cash.
Does that mean that the cash raise of the Piramal placement is included somewhere else ? in the "other financial assets" which increased by 28.6 m$ yoy ?
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- Ann: FND FY24 Results Presentation
Ann: FND FY24 Results Presentation, page-12
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