Top Line 23.4 Cr to 59.8 Cr.
1) However surprised to see there is no profit in 2nd Qtr.
As profit for 1st QTR is 65L as per ipo page & Profit for first half is also 65L.
2) Margin on sales is remained low (they are showing btw 6-7% for first qtr, but for whole year its below than 3%).
So Results is good but below expectations.
IPO is at P/E of btw 11-12
Current P/E is btw 13-14 at today closing price.
@lokes @Arjun Rajkot