Q3FY17 Results: Dilip Buildcon Ltd

Dilip Buildcon Ltd. reported its results for the quarter ended December 31, 2016.

The company posted total sales of Rs 1389.1 crore for Q3FY17, which represents a 51.59 per cent sequential increase and 41.88 per cent YoY increase.

Its operating profit (EBIT) for the quarter was Rs 218.25 crore and its EBIT margin was 15.71 per cent.

The company reported PAT of Rs 108.64 crore, which represents a sequential QoQ increase of 1459.34 per cent and a YoY increase of 151.66 per cent.

The company's stock opened at Rs 277.85 on the BSE, and rose 5.69 per cent after the results were declared. It is currently trading around Rs 277.85.
 
Dilip Buildcon Ltd is an Indian company which acts as broker, adviser, agent, contractor, administrator, consultant, supervisor and carries on the business to establish, equip, fabricate, install, convert, improve, design, erect, maintain, develop road ways, railways, tramways, water tanks, canals, sewage works, warehouse, airports, runways, power stations, hotels, flyover, hospitals, colonies, complexes, housing projects, plants, machinery, equipment and other building materials. The company's registered office is in Bhopal, Madhya Pradesh.