CCL Products jumps nearly 6 per cent on impressive Q2 numbers
Nidhi Jani / 02 Nov 2017
It reported PAT of Rs. 33.4 crore which represents a sequential QoQ increase of 23.6 per cent and a YoY increase of 156.5 per cent.
CCL Products reported strong results for the quarter ended September 30, 2017 on Thursday.
The company's total sales for Q2FY18 came in at Rs. 296.4 crore. This represents a 20.1 per cent sequential increase and 105.9 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 48.9 crore and the EBIT margin stood at 16.5 per cent.
It reported PAT of Rs. 33.4 crore which represents a sequential QoQ increase of 23.6 per cent and a YoY increase of 156.5 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.
On Thursday, the stock opened at Rs. 330 per share and touched an intra-day high of Rs. 355 on the BSE, higher by 6 per cent.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.