Music Labels - The Most Profitable Internet Business and an Emerging Asset Class

[bhambani]

Linking to my post on Tips Industries thread

Tips Industries Limited - Ready to RACE ahead!

Notes from the Earnings con call today. Jotted down in a hurry, tried to be as accurate and objective as possible, there may be minor mistakes Clarification on Balance Sheet There is an entry in balance sheet under non-current liabilities amounting to 37 Cr. Management clarified that this is erroneously placed under wrong heading (Employee benefit obligations… there are 2 entries there). These are actually advance payments from customer contracts. It was later clarified that most of the advan…