Further cost escalation in PLA project
Management stated that 90% of cost overruns are genuine but 10% is 'blackmail' from suppliers; further increases cannot be ruled out.
Balrampur Chini Mills · Material risks, their source context, and severity in the latest available quarter.
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Management stated that 90% of cost overruns are genuine but 10% is 'blackmail' from suppliers; further increases cannot be ruled out.
Analysts questioned the sales strategy; management admitted they are still evaluating options and have not finalized a distribution model.
Management noted that board prices have risen 25% due to the West Asia crisis, implying vulnerability to geopolitical shocks.