Andrew Yule is doing very well on the bourses; yesterday it had closed at Rs.21.40, going up to an intra day high at Rs.24.25, up over 10%. Its 52-week high stands at Rs.33.85.

A PSU, the company has done very well for Q2FY17 with a 79% (YoY) jump up in net profit at Rs.27 crore on a 17% rise in total income at Rs.127 crore.

EBITDA for the quarter was up 26% at Rs.14 crore while margins rose from 10.2% to 11%. The substantial increase in other income, up from Rs/9 crore to Rs.17 crore also helped.

The company’s H1FY17 net profit of Rs.25 crore is over 4 times FY16 net profit of Rs.8 crore.