Stretched valuations in the near term, however, cap upsides while analysts of IIFL Capital Services forecast a modest Sales/PAT Cagr of 21/18% in CY23-26 with moderation in OPMs.
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Operating performance was particularly robust. EBITDA for the quarter stood at ₹1,961 crore.
EBITDA jumped 172% to ₹105 crore during the quarter. This is up from ₹39 crore a year ago.
Net profit also rose 20% year-on-year to ₹157 crore, largely helped by a strong jump in other income, which increased to ₹236 crore from ₹143 crore in the same quarter last year.
Earlier this month, it had received a much larger contract valued at ₹105 crore for the supply of defence-grade explosives to overseas clients.
Operating performance was particularly robust. EBITDA for the quarter stood at ₹1,961 crore.
EBITDA jumped 172% to ₹105 crore during the quarter. This is up from ₹39 crore a year ago.
Net profit also rose 20% year-on-year to ₹157 crore, largely helped by a strong jump in other income, which increased to ₹236 crore from ₹143 crore in the same quarter last year.
Earlier this month, it had received a much larger contract valued at ₹105 crore for the supply of defence-grade explosives to overseas clients.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
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