Kamdhenu Ispat Ltd Q3FY17
Standalone Results Q3FY17: (Rs. in crore)
|EBITDA Margin (%)||3.9|||
|Net Profit (adjusted)||2.60||3.2|
Kamdhenu’s standalone revenue for the quarter came in at Rs. 222 crores, registering 3.9% yoy increase. This was primarily driven by 7.4% yoy increase in steel segment.
EBITDA for the quarter remained flat at Rs. 8.7 crores as compared to Rs. 8.73 crore in corresponding quarter of last year, with a corresponding margin contraction of 16 bps. EBITDA margin for the quarter stood at 3.9%.
PAT for the quarter came in at Rs. 2.6 crores, yoy increase of 3.2%.
Kamdhenu Ltd is currently trading at Rs. 98.25, up by 0.6 points or 0.61% from its previous closing of Rs. 97.65 on the BSE.
The scrip opened at Rs. 97.3 and has touched a high and low of Rs. 98.85 and Rs. 96.1 respectively. So far 27705(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.
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