Talwalkars Better value Fitness Q1FY18 consolidated net profit rises 29.5% yoy

India Infoline Research Team | September 14, 2017 15:38 IST

Talwalkars Better value Fitness Ltd Q1FY18

Consolidated Results Q1FY18: (Rs. in crore)

Q1FY18 YoY (%)
Revenue 56.73 12.9
EBITDA 28.48 17.7
EBITDA Margin (%) 50.2 203
Net Profit (adjusted) 7.11 29.5
***EBITDA margin change is bps
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Reco. Price

288

Last updated on

07-Sep-2017


Talwalkars Better Value Fitness’ consolidated revenue for the quarter came in at Rs. 56.73 crore, registering 12.9% yoy increase.

EBITDA for the quarter rose by 17.7% yoy to Rs. 28.48 crore with a corresponding margin expansion of 203 bps. EBITDA margin for the quarter stood at 50.2%. This margin expansion was aided by favourable changes in inventories.

The reported PAT for the quarter came in at Rs. 7.11 crore, yoy increase of 29.5%.

The group has 211 fitness centres across 85 cities and towns in India and Srilanka as on June 30, 2017.



Technical View:

Talwalkars Better value Fitness Ltd is currently trading at Rs. 288.25, down by 2.15 points or 0.74% from its previous closing of Rs. 290.40 on the BSE.
The scrip opened at Rs. 290.40 and has touched a high and low of Rs. 295.80 and Rs. 288 respectively. So far 1,86,857(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 50 DMA.

BSE 269.10 [10] ([3.58]%)
NSE 270.15 [9.45] ([3.38]%)

***Note: This is a NSE Chart

 

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