Cox & Kings Ltd's Q2FY19 consolidated net profit rises 3.4% yoy to Rs121cr

The company’s consolidated revenue in the period stood at Rs753.65cr, up 16.23% yoy.

Nov 15, 2018 12:11 IST India Infoline Research Team

Cox & Kings Ltd Q2FY19

Consolidated Results Q2FY19: (in Rs cr)

Q2FY19 YoY (%)
Revenue 753.65 16.2
EBITDA 296 2.4
EBITDA Margin (%) 39.3 [529]
Net Profit (adjusted) 121 3.4
***EBITDA margin change is bps

Cox & Kings' net revenue in Q2FY19 grew 16.2% yoy to Rs753.65cr against Rs648.41cr in Q2FY18. EBITDA for the quarter grew 2.4% yoy to Rs296cr against Rs289cr. EBITDA margin declined 529bps yoy to 39.28%. Net profit for the quarter grew 3.4% yoy to Rs121cr against Rs117cr in the corresponding quarter last year.

• Leisure (India) revenue grew 12.8% yoy to Rs150cr in Q2FY19 against Rs133cr in Q2FY18.
• Leisure (International) revenue grew 15.9% yoy to Rs131cr in Q2FY19 against Rs113cr last year.
• Education revenue grew 18.5% yoy to Rs231cr against Rs195cr in Q2FY18.
• Meininger revenue grew 18.3% yoy to Rs194cr against Rs164cr in Q2FY18.

Technical View:

Cox & Kings' share price is currently at Rs193, up 1.65 points, or 0.86%, from its previous close of Rs191.35 on the BSE. The scrip opened at Rs191.35 and has touched a high and low of Rs193 and Rs185.25, respectively. So far, 22,780 (NSE+BSE) shares have been traded on the counter. The stock is currently trading below its 200-DMA.

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