Jay Bharat Maruti

Jay Bharat Maruti posted a good set of numbers for Q1FY18. Its net revenue rose 31% (YoY) at Rs.435 crore. Other income spurted up over 3 times to Rs.2 crore. Total costs rose 30% yet thanks to the robust topline, it ended the quarter with a net profit at Rs.10 crore, up 43%.

Equity is at Rs.10.82 crore and EPS for the quarter was at Rs.4.68 (FV of Rs.5).

Promoters hold 58.56% of which Maruti holds 29.28% stake.