Cox & Kings Q2FY18 consolidated net profit rises 165.7% yoy

India Infoline Research Team | November 15, 2017 09:18 IST

Cox & Kings Ltd Q2FY18

Consolidated Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Revenue 1,593.9 [37.9]
EBITDA 371.3 76.5
EBITDA Margin (%) 23.3 1,509
Net Profit (adjusted) 216 165.7
***EBITDA margin change is bps
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Reco. Price

242

Last updated on

11-Nov-2017



Cox & Kings (India) Ltd consolidated revenue for the quarter came in at Rs. 1593.9 crore, registering 37.9% yoy decline. This was primarily driven by 50% yoy decline in revenues from Leisure segment.

EBITDA for the quarter rose by 76.5% yoy to Rs. 371.3 crore with a corresponding margin expansion of 1509 bps. EBITDA margin for the quarter stood at 23.3%. This margin expansion was aided by 53% yoy decline in cost of tours.
 
The PAT for the quarter came in at Rs. 216 crore, yoy increase of 165.7%. 


Technical View:

Cox & Kings Ltd is currently trading at Rs. 265.80, up by 14.25 points or 5.66% from its previous closing of Rs. 251.55 on the BSE.
The scrip opened at Rs. 254.85 and has touched a high and low of Rs. 265.80 and Rs. 254.85 respectively. So far 43,011(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 100 DMA.

BSE 251.35 0.95 (0.38%)
NSE 251.95 1.50 (0.60%)

***Note: This is a NSE Chart

 

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