Suprajit Engineering Q1FY18 consolidated net profit declines 7.4% yoy

India Infoline Research Team | September 13, 2017 17:10 IST

Suprajit Engineering Ltd Q1FY18

Consolidated Results Q1FY18: (Rs. in crore)

Q1FY18 YoY (%)
Revenue 345.4 26.3
EBITDA 57.6 29.2
EBITDA Margin (%) 16.7 37
Net Profit (adjusted) 22.6 [7.4]
***EBITDA margin change is bps
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Reco. Price

278.1

Last updated on

07-Sep-2017


Suprajit Engineering Ltd reported its financial result for Q1FY18.

Suprajit Engineering's consolidated revenue for the quarter came in at Rs. 345.4 crore, registering a 26.3% yoy increase.

EBITDA for the quarter rose by 29.2% yoy to Rs. 57.6 crore with the corresponding margin remaining flat. EBITDA margin for the quarter stood at 16.7%. The margin remained flat on account of offsetting effect of rise in employee expense of 75%.

PAT for the quarter came in at Rs. 22.6 crore, yoy decline of 7.4%. This was due to 8% and 40% yoy increase in finance cost and tax expense respectively.




Technical View:

Suprajit Engineering Ltd is currently trading at Rs. 287, down by 11.1 points or 3.72% from its previous closing of Rs. 298.10 on the BSE.
The scrip opened at Rs. 302 and has touched a high and low of Rs. 302 and Rs. 285.05 respectively. So far 84,890(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 50 DMA.

BSE 275.70 [2.15] ([0.77]%)
NSE 275.00 [4.30] ([1.54]%)

***Note: This is a NSE Chart

 

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