Orient Carbon & Chemicals report Q3FY18 results
Amir ShaikhCategories: Trending
The PAT for the quarter came in at Rs. 15.27 crore, yoy increase of 3%. Taxes increased due to rise in deferred taxes attributed to the new capacities added.
Orient Carbon and Chemicals reported Q3FY18 results on Thursday. The company's standalone revenue for the quarter came in at Rs. 86.25 crore, registering 17.7% yoy increase due to increased volume during the quarter.
EBITDA for the quarter rose by 35.3% yoy to Rs. 26.08 crore with a corresponding margin expansion of 392 bps. EBITDA margin for the quarter stood at 30.2%.
The PAT for the quarter came in at Rs. 15.27 crore, yoy increase of 3%. Taxes increased due to rise in deferred taxes attributed to the new capacities added.
The stock of Orient Carbon & Chemical on Thursday remained positive and closed at Rs. 1,220.65, up by 1.31 per cent.