Talbros Automotive Components Ltd's Q2FY17 consolidated net profit rises 68.16% yoy to Rs.4.12 crore .

India Infoline Research Team | November 15, 2016 13:14 IST

Talbros Automotive Components Ltd Q2FY17

Consolidated Results Q2FY17: (Rs. in crore)

Q2FY17 YoY (%)
Revenue 106.16 8.9
EBITDA 11.12 [4.1]
EBITDA Margin (%) 10.5 [142]
Net Profit (adjusted) 4.12 68.2
***EBITDA margin change is bps

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.
Technical View:

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 126.75 [2.65] ([2.05]%)
NSE 126.60 [2.15] ([1.67]%)

***Note: This is a NSE Chart

 

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