Navkar Corporation: Q1FY18 Result

DSIJ Intelligence / 24 Jul 2017

Navkar Corporation: Q1FY18 Result

The company's total sales for Q1FY18 came in at Rs 98.83 crore, which represents a 0.24 per cent sequential decline and 9.57 per cent YoY increase.

Navkar Corporation reported its results for the quarter ended June 30, 2017 today.

The company's total sales for Q1FY18 came in at Rs 98.83 crore, which represents a 0.24 per cent sequential decline and 9.57 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 33.57 crore and its EBIT margin stood at 33.97 per cent.

The company reported PAT of Rs 21.7 crore, which represents a sequential QoQ increase of 7.32 per cent and a YoY decline of 7.66 per cent.

The stock today opened at Rs 205.45 on the BSE and recorded intra-day high and low of Rs 206 and Rs 198, respectively.

Navkar Corporation Limited provides container freight station (CFS) facilities in India. The company operates a railway freight terminal, which loads and unloads cargo from container trains and owns and operates trailers for the transportation of cargo.

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