Q1FY18 Results : CCL Products
Nidhi Jani / 11 Jul 2017
The company's total sales for Q1FY18, came in at Rs 245.4 crore, which represents a 17.4 per cent sequential decline and 2.1 per cent YoY decline.
CCL Products reported its results for the quarter ended June 30, 2017 on Tuesday .
The company's total sales for Q1FY18, came in at Rs 245.4 crore, which represents a 17.4 per cent sequential decline and 2.1 per cent YoY decline.
Its operating profit (EBIT) for the quarter was Rs 37.4 crore and its EBIT margin stood at 15.2 per cent.
The company reported PAT of Rs. 27 crore, which represents a sequential QoQ decline of 23.6 per cent and a YoY decline of 32.9 per cent.
CCL Products (India) is one of the leading manufacturers of instant coffee. Its portfolio of products includes Continental Special, Continental Premium and Continental Supreme.
The stock opened at Rs.297 and touched an intra-day low of Rs.289.50 on the BSE.
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