Q4FY17 results: Swaraj Engines
Amir Shaikh / 25 Apr 2017
For FY17, the company posted 26.7 per cent YoY increase in revenue to Rs 666.14 crore and 34.1 per cent YoY increase in net profit to Rs 68.93 crore.
Swaraj Engines Ltd. reported its results for the quarter ended March 31, 2016, today.
The company's total sales for Q3FY17 came in at Rs 160.77 crore, which represents a 3.88 per cent sequential increase and 41.04 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 19.93 crore and its EBIT margin stood at 12.4 per cent.
The company reported PAT of Rs. 15.28 crore, which represents a sequential QoQ decline of 0.13 per cent and a YoY increase of 29.82 per cent.
For FY17, the company posted 26.7 per cent YoY increase in revenue to Rs 666.14 crore and 34.1 per cent YoY increase in net profit to Rs 68.93 crore.
The company's stock opened at Rs 1635 on the BSE, rose by 3.67 per cent to close at Rs 1653.5. During today’s trading session, the stock touched 52-week high of Rs 1666.6.
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