Elgi Equipments Q3 PAT jumps 124 per cent YoY

Raghav BisaniCategories: Markets, Trendingjoin us on whatsappfollow us on googleprefered on google

Elgi Equipments Q3 PAT jumps 124 per cent YoY

The company’s PAT came in at Rs. 28 crore, representing 6.1 per cent sequential increase and 124 per cent YoY increase.

Elgi Equipments reported its results for the quarter ended December 2017. The total revenue from operations came in at Rs. 415 crore, representing 11.4 per cent sequential increase and 24.9 per cent YoY increase.

Its cash operating profit (EBITDA) amounted to Rs. 47 crore. The margins for the quarter reported was 11.4 per cent.

The company’s PAT came in at Rs. 28 crore, representing 6.1 per cent sequential increase and 124 per cent YoY increase.

Today, the scrip opened at Rs. 302.10 per share and touched an intraday high of Rs. 323.90, registering a growth of 7.9 per cent.