Ortel Communications declares impressive Q2 results
DSIJ Intelligence / 26 Oct 2016
Ortel Communications has declared its Q2FY17 results on Wednesday. Ortel Communications is one of the leading cable television and high speed broadband service provider in India with leadership position in Orissa.
Ortel communications declared its Q2FY17 results on Wednesday. Ortel communication is one the leading cable television and high speed broadband service provider in India with leadership position in Orissa.
Highlights of the results were as (QoQ):-
Total Income increased to Rs. 537 million, from Rs. 524 million up by 2.5 per cent , EBITDA stood at Rs. 171million compared to Rs. 139 million, up by 22.8%, EBITDA margins improved at 31.5 per cent Vs 26.3 per cent, PAT came at Rs 25 million compared to Rs 9 million and the EPS amounted to Rs 0.84 per share.
The stock shut shop at Rs 150 per share closing up by Rs 3.25 per share or 2.21 per cent up from Tuesday’s close. Over one year the stock has returned negative 22.92 per cent and over six months the stock has returned negative 5.06 per cent.
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