United Spirits Q2FY18 standalone net profit rises 103.9% yoy to Rs162.5 crore

India Infoline Research Team | October 26, 2017 17:19 IST

Adjusted PAT for the quarter came in at Rs 162.5 crore, yoy increase of 103.9%. This was due to lower interest cost by 25.5%.

Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Revenue 6,215 3.3
EBITDA 318 57.4
EBITDA Margin (%) 5.1 176
Net Profit (adjusted) 162.5 103.9
***EBITDA margin change is bps

United Spirits
United Spirits standalone revenue for the quarter came in at Rs. 6215 crore, registering 3.3% yoy increase.

EBITDA for the quarter rose by 57.4% yoy to Rs. 318 crore with a corresponding margin expansion of 176 bps. EBITDA margin for the quarter stood at 5.1%. This margin expansion was aided by decrease in material costs and employee costs by 13% and 22%.

Adjusted PAT for the quarter came in at Rs. 162.5 crore, yoy increase of 103.9%. This was due to lower interest cost by 25.5%.

Technical View:

United Spirits Ltd is currently trading at Rs. 2,575.25, up by 35.85 points or 1.41% from its previous closing of Rs. 2,539.40 on the BSE.
The scrip opened at Rs. 2,531.45 and has touched a high and low of Rs. 2,597.80 and Rs. 2,500.55 respectively. So far 6,62,807(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.


***Note: This is a NSE Chart

 

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