Gayatri Projects Q2FY18 standalone net profit rises 104.2% yoy

India Infoline Research Team | November 14, 2017 19:29 IST

Gayatri Projects Ltd Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Revenue 423.18 20.9
EBITDA 74.66 36.7
EBITDA Margin (%) 17.6 203
Net Profit (adjusted) 23.71 104.2
***EBITDA margin change is bps


Gayatri Projects standalone revenue for the quarter came in at Rs. 423.18 crore, registering 20.9% yoy increase.

EBITDA for the quarter rose by 36.7% yoy to Rs. 74.66 crore with a corresponding margin expansion of 203 bps. EBITDA margin for the quarter stood at 17.6%. This margin expansion was aided by favourable changes in inventories.

The PAT for the quarter came in at Rs. 23.71 crore, yoy increase of 104.2%.


Technical View:

Gayatri Projects Ltd is currently trading at Rs. 197.10, up by 3.8 points or 1.97% from its previous closing of Rs. 193.30 on the BSE.
The scrip opened at Rs. 194 and has touched a high and low of Rs. 199.90 and Rs. 185 respectively. So far 8,63,057(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.

BSE 204.85 3.10 (1.54%)
NSE 205.45 3.90 (1.94%)

***Note: This is a NSE Chart

 

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