Quarterly Result: Talbros Automotive Components Ltd
Bhagyashree Vivarekar / 15 Nov 2016
Talbros Automotive Components Ltd., is currently trading at Rs. 132, down by 9.15 points or 6.48% from its earlier closing of Rs. 141.15 on the BSE.The company's net profit has soared 68.2% yoy to Rs 4.12 cr.
Technical View:
Talbros Automotive Components Ltd., is currently trading at Rs. 132, down by 9.15 points or 6.48% from its earlier closing of Rs. 141.15 on the BSE.
The scrip has touched a high and low of Rs. 144.85 and Rs. 131 respectively, after opening at 144.85. In totality 27113(NSE+BSE) shares have been traded on the counter so far; and the stock is currently trading above its 50 DMA.
Consolidated Results Q2FY17:
Talbros Automotive Components Ltd., has reported its Q2FY17 consolidated numbers.
The quarter's revenue has surged by 8.9% yoy to Rs 106.16 cr.
Talbros' EBITDA has dropped 4.1% yoy to Rs 11.12 cr; while EBITDA margins have shrunken 142 bps yoy to 10.5%, triggered by a 16% yoy increase in employee cost to Rs 14.19 cr.
The company's net profit has soared 68.2% yoy to Rs 4.12 cr, owing to 1,122% yoy rise to Rs 2.2 cr in other income and 11% yoy drop in finance cost to Rs 4 cr.