Graphite India Q2FY18 standalone net profit rises 4 fold
Raghav Bisani / 23 Oct 2017
Graphite India reported its results for the quarter ended September 30, 2017 today.
Graphite India reported its results for the quarter ended September 30, 2017 today.
Total sales for the quarter, Q2FY18, came in at Rs. 461.9 crore. This represents a 22.8 per cent sequential increase and 35.8 per cent YoY increase.
EBITDA for the quarter amounted to Rs. 130 crore and the margins stood at 28.1 per cent. Margins rose by 822% yoy.
The company reported PAT of Rs. 89.9 crore which represents a sequential QoQ increase of 205.4 per cent and a YoY increase of 464.2 per cent.
Today, the stock opened at Rs. 458 on the BSE and touched an intraday high of Rs. 470.
Graphite India is involved in the business activities of Manufacture of graphite products other than electrical articles. Company's Total Operating Revenue is Rs. 1305.77 Cr. and Equity Capital is Rs. 39.08 Cr. for the Year ended 31/03/2017. Since March 2017, share price of the company rose 3x from Rs. 112 to Rs. 456
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