Laurus Labs - Can Business Transform to Next Level?

[mrai74]

@mrai74

I request your help in understanding it better as I don’t have any background of finance. Say if company A has taken a debt of X Cr on 01-01-2019 & paid back Y Cr on 01-04-2020, what does MCA webpage show…

i) it keeps showing X Cr as debt or it gets updated to (X-Y) Cr
ii) If it gets updated with (X-Y), what is the cycle of update… quarterly / annually etc

Thanks in advance for your efforts

@Himanshu_Nigam As shared details didn’t answer the raised query, I have moved the discussion to correct thread

Cupid Ltd – Helping the world play safe!

@Himanshu_nigam Bringing it to correct thread The MCA webpage shows Rs 322350000.0 as debt [image] Details shared by company alongwith Q4 result (As AR is not available) shows 3129.75 Lacs [image] Now coming to recent concall in last week, management shared that balance loan is 17 Cr as of 30th June [image] If we compile these together, what we see on today is Loan as per management : 17 Cr (on 30th June) Loan as per MCA website : 32.23 Cr (even on 2nd Sept) Loan as per Q4 fill…