Quarterly Results: Sical Logistics Ltd.
Shital Jibhe / 08 Nov 2016
Sical Logistics Ltd., is currently trading at Rs. 209.2, up by 15.9 points or 8.23% from its earlier closing of Rs. 193.3 on the BSE. Sical's net profit has surged 61.6% yoy to Rs 7 cr.
Technical View:
Sical Logistics Ltd., is currently trading at Rs. 209.2, up by 15.9 points or 8.23% from its earlier closing of Rs. 193.3 on the BSE.
The scrip has touched a high and low of Rs. 217.4 and Rs. 196.35 respectively, after opening at 196.85. In totality 341364(NSE+BSE) shares were traded on the counter; and the stock is currently trading below its 50 DMA.
Consolidated Results Q2FY17: (Rs. in crore)
***EBITDA margin change in bps
Sical Logistics Ltd., has reported consolidated 3% yoy surge in net revenue at Rs 198 cr.
The compnay's reported EBITDA has jumped by 49.2% yoy to Rs 32 cr while EBITDA margins have expanded by 501 bps yoy to 16%. This was majorly supported by 4.2% yoy decrease in cost of services and 20.6% yoy decrease in other expenses.
Sical's net profit has surged 61.6% yoy to Rs 7 cr.