How to read the sales figures of Real Estate companies?
Hello Sir,Hope you are doing well.Recently, we were looking at PPT of a real estate company which kept talking about highest ever quarterly sales in Q3 of Rs 500 cr +.However, reported sales numbers were only Rs 200 cr +.What’s the catch here?Let’s understand: Before that, a few days back we released our New Stock Recommendation for Alpha and Alpha + Members It’s a minerals processing company, largest in its segment, has captive raw material sources, grown PAT by ~300% in the last few years,…