Quarterly Results: Aegis Logistics Ltd
Shital Jibhe / 08 Nov 2016
Aegis Logistics Ltd., ended at Rs. 153.1, down by 0.95 points or 0.62% from its earlier closing of Rs. 154.05 on the BSE. Aegis Logistics Ltd’s Q2FY17 consolidated revenue for the quarter has surged 36.4% yoy to Rs 676.5 cr.
Technical View:
Aegis Logistics Ltd., ended at Rs. 153.1, down by 0.95 points or 0.62% from its earlier closing of Rs. 154.05 on the BSE.
The scrip touched a high and low of Rs. 159.75 and Rs. 151.25 respectively, after opening at 156. In totality 532144 (NSE+BSE) shares were traded on the counter; and the stock is trading below its 50 DMA.
Consolidated Results Q2FY17: (Rs. in crore)
***EBITDA margin change in bps
Aegis Logistics Ltd’s Q2FY17 consolidated revenue for the quarter has surged 36.4% yoy to Rs 676.5 cr. This was anchored by the Gas terminal division ballooning by 42% yoy.
The company's EBITDA has surged by 2.2% yoy to Rs 47 cr while EBITDA margin has shrunken by 232 bps to 7% yoy. This can be attributed to inflation in operating expenses by 40% yoy.
As a result, net profit too has surged by just 1.3% yoy to Rs 26.96 cr.
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