Exide Industries Q2FY18 standalone net profit declines 10.4% yoy to Rs.163 crore.

India Infoline Research Team | October 25, 2017 16:14 IST

Exide Industries Ltd Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Revenue 2,371 9.2
EBITDA 296 2.4
EBITDA Margin (%) 12.5 [83]
Net Profit (adjusted) 163 [10.4]
***EBITDA margin change is bps
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Reco. Price

207.95

Last updated on

10-Oct-2017



Exide Industries standalone revenue for the quarter came in at Rs. 2371 crore, registering 9.2% yoy increase.

EBITDA for the quarter rose by 2.4% yoy to Rs. 296 crore with a corresponding margin contraction of 83 bps. EBITDA margin for the quarter stood at 12.5%.

Adjusted PAT for the quarter came in at Rs. 163 crore, yoy decline of 10.4%.


Technical View:

Exide Industries Ltd is currently trading at Rs. 209, up by 1.2 points or 0.58% from its previous closing of Rs. 207.80 on the BSE.
The scrip opened at Rs. 209.70 and has touched a high and low of Rs. 211.55 and Rs. 206.75 respectively. So far 22,75,339(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 200 DMA.

BSE 204.65 0.40 (0.20%)
NSE 204.80 0.65 (0.32%)

***Note: This is a NSE Chart

 

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