Cigniti Technologies standalone net profit of Rs.10 crore in Q2FY18, vs net loss of Rs. 5.68 crore in the preceding quarter

India Infoline Research Team | October 25, 2017 20:00 IST

Cigniti Technologies Ltd Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 QoQ (%)
Revenue 169 0.3
EBITDA 14 0.0
EBITDA Margin (%) 8.3 884
Net Profit  10 -
***EBITDA margin change is bps
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Reco. Price

273

Last updated on

10-Oct-2017



Cigniti Technogies Ltd. consolidated revenue for the quarter came in at Rs. 169.01 crores, registering 0.36% QoQ increase.

The company reported EBITDA of 14.01 crores with a corresponding margin expansion of 828 bps. EBITDA margin for the quarter stood at 8.29%.

The company reported net profit of Rs.10 crore in Q2FY18 vs net loss of Rs.5.6 crore in previous quarter.

Technical View:

Cigniti Technologies Ltd is currently trading at Rs. 280, up by 9.6 points or 3.55% from its previous closing of Rs. 270.40 on the BSE.
The scrip opened at Rs. 275 and has touched a high and low of Rs. 281.50 and Rs. 267.05 respectively. So far 75,754(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 200 DMA.

BSE 280.00 [1.35] ([0.48]%)
NSE 272.00 [10.40] ([3.68]%)

***Note: This is a NSE Chart

 

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