Nilkamal Q1FY18 Result: Net Profit declines 30.5 per cent QoQ
DSIJ Intelligence / 07 Aug 2017
Nilkamal Limited reported its results for the quarter ended June 30, 2017, today. The company's total sales for Q1FY18 came in at Rs 524.38 crore, which represents a 7.79 per cent sequential decline and 5.77 per cent YoY increase.
Nilkamal Limited reported its results for the quarter ended June 30, 2017, today.
The company's total sales for Q1FY18 came in at Rs 524.38 crore, which represents a 7.79 per cent sequential decline and 5.77 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 31.57 crore and its EBIT margin stood at 6.02 per cent.
The company reported PAT of Rs 22.37 crore, which represents a sequential QoQ decline of 30.55 per cent and a YoY decline of 29.37 per cent.
The company's stock opened at Rs 1794.90 on the BSE and recorded intra-day high and low of Rs 1814.75 and Rs 1736.60, respectively.
Nilkamal Limited manufactures and sells injection moulded plastic articles, polymers and other products primarily in India. It operates in plastics, lifestyle furniture, furnishings, and accessories and other segments. In addition, the company operates 16 retail stores in 12 cities under the @home brand name.
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