CCL Products (India) Limited CC-Sep23.pdf · 2023-11-07
Hi sir so just one question that we have restated our numbers for FY2023 also so particularly on the tax front in FY2023 there has been a downward revision in terms of effective tax rate so the question is basically even if we deliver on the EBITDA side in terms of 20% growth this year because of the below EBITDA items like depreciation and interest our earnings growth would be more or less muted this year so just wanted some clarity on what we did in the FY2023 effective tax rate after the restate.
Sure, Sir and you said the effective tax rate going forward will be somewhere close to 12% on blended basis right on consol level.