Q1FY18 : Endurance Technologies Ltd's PAT rises 15.5% sequentially
DSIJ Intelligence / 08 Aug 2017
Endurance Technologies Ltd reported its results for the quarter ended June 30, 2017 today. The company's revenue for Q1FY18 came in at Rs 1678.2 crore, which represents a 13.4% sequential increase and 9.1% YoY increase. This was due to a rebound in two-wheeler sales.
Endurance Technologies Ltd reported its results for the quarter ended June 30, 2017 today.
The company's revenue for Q1FY18 came in at Rs 1678.2 crore, which represents a 13.4% sequential increase and 9.1% YoY increase. This was due to a rebound in two-wheeler sales.
Its EBITDA for the quarter increased by 7.4% QoQ at Rs 287.6 crore and its EBITDA margin stood at 17.14%.
The company reported net profit of Rs 96.5 crore, which represents a sequential QoQ increase of 15.5% and a YoY increase of 16.1%.
Endurance Technologies Ltd is an India-based company which manufactures aluminum casting, alloy wheels, suspension, transmission and braking products.
The company's stock opened at Rs 919 on the BSE and closed at Rs 922.75 after touching intra-day high of Rs 939.
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