Q3FY17 Results: Navkar Corporation Ltd.
Bhagyashree Vivarekar / 08 Feb 2017
The company reported PAT of Rs 19.45 crore, which represents a sequential QoQ decline of 13.17 per cent and a YoY decline of 27.21 per cent.
Navkar Corporation Ltd. reported its results for the quarter ended December 31, 2016 today.
The company posted total sales of Rs 91.58 crore for Q3FY17, which represents a 1.71 per cent sequential increase and 3.83 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 27.86 crore and the EBIT margin was 30.42 per cent.
The company reported PAT of Rs 19.45 crore, which represents a sequential QoQ decline of 13.17 per cent and a YoY decline of 27.21 per cent.
Navkar Corporation Ltd is a container freight station (CFS) operator in India with three CFSs. Its main products/services include cargo handling, cargo storage, and maintenance and repairs of containers. It provides cold storage facilities at its CFS and custom clearance services, handling and temporary storage of import or export laden and empty containers. It provides all the ancillary support and value-added services, such as packing, labelling/bar-coding, palletizing, fumigation and other related activities at the warehouses.
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