IL&FS Transportation Networks Ltd Q3FY17
Standalone Results Q3FY17: (Rs. in crore)
|EBITDA Margin (%)||36.8||2,513|
|Net Profit (adjusted)||55.66||0|
IL&FS Transportation Networks Ltd. reported its Q3FY17 results during market hours.
IL&FS Transportation is the India’s largest BOT road asset owner with approximately 13,100 lane km in its portfolio.
Reported standalone revenue for the quarter came in at Rs. 1020.5 crores, registering a 8.6% YoY decline.
EBITDA for the quarter rose by 187.9% YoY to Rs. 375.67 crores with a corresponding margin expansion of 2513 bps. EBITDA margin for the quarter stood at 36.8%. This was driven by zero cost of material for the quarter. Also, construction contract cost and other expenses fell by ~36% and ~34% respectively.
Reported PAT for the quarter came in at Rs. 55.66 crores compared to Rs 19.42 cr loss in Q3FY16.
IL&FS Transportation Networks Ltd is currently trading at Rs. 118.35, up by 1.5 points or 1.28% from its previous closing of Rs. 116.85 on the BSE.
The scrip opened at Rs. 117.5 and has touched a high and low of Rs. 121.4 and Rs. 115 respectively. So far 2164415(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.
BSE 114.20 [0.35] ([0.31]%)
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