Indian Hume
The company seems to be continuing with its good run. In Q3, there was a generous 1:1 bonus and this time around, in Q4Fy17, the company posted excellent numbers! It ended the quarter with a 3.6 times jump in net profit at Rs.33 crore and this was on a whopping 64% jump in net sales at Rs.488 crore. Expenses rose 56% and yet, thanks to the increase in topline, EBITDA was up from Rs.17 crore to Rs.55 crore and margins rose from 5.69% to 11.11%.
The company has ended the fiscal with a 3.5 times jump in net profit at Rs.99 crore and this was on a fantastic 91% increase in net sales at Rs.1792 crore.
Equity is at Rs.9.69 crore and EPS came in at Rs.20.39 (FV of Rs.2). Reserve continues to remain high at Rs.376 crore.
The company has stated that it has work pending to the tune of Rs.2656 crore v/s Rs.3097 crore at end of FY17.
31st Jul 2017 at 04:00 pm