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Kamdhenu Q1FY18 standalone net profit rises 44.7% yoy
Sep 14, 2017 12:09 IST India Infoline Research Team
Kamdhenu Ltd Q1FY18
Standalone Results Q1FY18: (Rs. in crore)
| Q1FY18 | YoY (%) | |
|---|---|---|
| Revenue | 236 | 22.9 |
| EBITDA | 9 | 16.9 |
| EBITDA Margin (%) | 3.9 | [19] |
| Net Profit (adjusted) | 2.8 | 44.7 |
Kamdhenu's standalone revenue for the quarter came in at Rs. 236 crore, registering 22.9% yoy increase. This was primarily driven by ~27.7% yoy jump in the revenue of steel.
EBITDA for the quarter rose by 16.9% yoy to Rs. 9 crore with a corresponding margin contraction of 19 bps. EBITDA margin for the quarter stood at 3.9%.
The PAT for the quarter came in at Rs. 2.8 crore, yoy increase of 44.7%.
Technical View:
Kamdhenu Ltd is currently trading at Rs. 131, up by 0.35 points or 0.27% from its previous closing of Rs. 130.65 on the BSE.
The scrip opened at Rs. 132.10 and has touched a high and low of Rs. 134.30 and Rs. 130.60 respectively. So far 24,008(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.
