IL&FS Transportation Networks Ltd's Q2FY17 standalone net profit declines 46% yoy to Rs.57.06 crore.

India Infoline Research Team | December 02, 2016 17:44 IST

IL&FS Transportation Networks Ltd Q2FY17

Standalone Results Q2FY17: (Rs. in crore)

Q2FY17 YoY (%)
Revenue 978.24 [26.5]
EBITDA 297.38 [33.8]
EBITDA Margin (%) 30.4 [336]
Net Profit (adjusted) 57 [46]
***EBITDA margin change is bps


IL&FS Transportation Ltd.’s standalone Q2FY17 result came in during market hours.

Revenue for the quarter decreased 26.5% yoy to Rs 978.24 cr. 

EBITDA decreased by 33.8% yoy to Rs 297.38 cr led by EBITDA margins contraction of 336 bps yoy to 30.4%. 

Net profit tanked by 46% yoy to Rs 57 cr. This was led by 32% yoy jump in finance cost.

Technical View:

IL&FS Transportation Networks Ltd is currently trading at Rs. 96, down by 5.3 points or 5.23% from its previous closing of Rs. 101.3 on the BSE.
The scrip opened at Rs. 101.75 and has touched a high and low of Rs. 101.75 and Rs. 95.2 respectively. So far 1031654(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 50 DMA.

BSE 96.00 [5.30] ([5.23]%)
NSE 95.95 [5.40] ([5.33]%)

***Note: This is a NSE Chart

 

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