Talbros Automotive Components Ltd Q2FY17
Consolidated Results Q2FY17: (Rs. in crore)
|EBITDA Margin (%)||10.5|||
|Net Profit (adjusted)||4.12||68.2|
Talbros Automotive Components Ltd reported Q2FY17 consolidated numbers.
Revenue for the quarter increased by 8.9% yoy to Rs 106.16 cr.
EBITDA declined by 4.1% yoy to Rs 11.12 cr while EBITDA margins contracted 142 bps yoy to 10.5%. Decline was on account of 16% yoy increase in employee cost to Rs 14.19 cr.
Net profit jumped by 68.2% yoy to Rs 4.12 cr because of 1,122% yoy increase to Rs 2.2 cr in other income and 11% yoy decrease in finance cost to Rs 4 cr.
Talbros Automotive Components Ltd is currently trading at Rs. 132, down by 9.15 points or 6.48% from its previous closing of Rs. 141.15 on the BSE.
The scrip opened at Rs. 144.85 and has touched a high and low of Rs. 144.85 and Rs. 131 respectively. So far 27113(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 50 DMA.
BSE 132.40 [0.50] ([0.38]%)
NSE 131.85 [1.65] ([1.24]%)
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