Essel Propack's Q2FY19 revenue jumps 7 per cent
Pratik ShastriCategories: Markets, Quarterly Results, Trending
Essel Propack Limited reported its results for the quarter ended September 30, 2018 after market hours today. Essel Propack's consolidated revenue for the quarter came in at Rs. 689.17 crore as compared to Rs. 644.53 crore during same period last year.
Essel Propack Limited reported its results for the quarter ended September 30, 2018 after market hours today.
Essel Propack's consolidated revenue for the quarter came in at Rs. 689.17 crore as compared to Rs. 644.53 crore during same period last year , registering an increase of 6.9 per cent YoY. This was primarily driven by steady volume growth in almost all segments. The EBITDA for the quarter fell by 5 per cent YoY to Rs. 130.38 crore with a corresponding margin contraction of 236 bps. The EBITDA margin for the quarter stood at 18.9 per cent .
Net profit after tax for the quarter came in at Rs. 53.78 crore as against Rs. 52.96, an increase of 1.5 per cent YoY . The PAT margin for the period stood at 7.80 per cent.
The stock today closed at Rs. 86.70, down by almost 2 per cent on the previous close on the BSE.