Worst loss in years.
Not a rupee left the building.
0
Rupees of cash the charge actually cost, the quarter the company booked its biggest loss in years.
Friend forwarded a results screenshot this morning, worried. Worst loss the company had printed in years, big and red. Then he scrolled up the same page. Revenue up. Cash flow up. He asked what broke. Nothing in the business did. It had just owned up to overpaying for an acquisition years ago. The line that did it is called goodwill.