NOCIL Ltd's Q3FY19 standalone net profit declines 0.7% yoy to Rs44.65cr

The company’s standalone revenue in the quarter stood at Rs261.24cr, up 4.8% yoy but down 3.95% qoq.

Feb 04, 2019 05:02 IST India Infoline Research Team


Standalone Results Q3FY19: (in Rs cr)

Q3FY19 YoY (%)
Revenue 261.24 4.8
EBITDA 72.52 4.2
EBITDA Margin (%) 27.8 [17]
Net Profit (adjusted) 44.65 [0.7]
***EBITDA margin change is bps
NOCIL Ltd's revenue for Q3FY19 came in at Rs261.2cr, up 4.8% yoy, while the operating profit for the quarter was reported at Rs72.52cr, up 4.2% yoy. The company's EBITDA margin contracted marginally by ~17bps to 27.8% in Q3FY19. The net profit for the quarter remained flat at Rs44.7cr during the quarter.

Technical View:

NOCIL Ltd is currently trading at Rs133.20, down 5.6 points, or 4.03%, from its previous close of Rs138.80 on the BSE. The scrip opened at Rs139 and has touched a high and low of Rs139 and Rs132.60, respectively. So far, 2,71,968 (NSE+BSE) shares were traded on the counter. The stock is currently trading above its 200-DMA.

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