Jumbo Bags hits 5% UC
By
Ruma Dubey
about 5 years ago
Jumbo Bags hit the 5% UC at Rs.15.17 the moment it opened for trading today also; yesterday too it had hit the 5% UC.
The company posted a very good set of numbers for Q3FY19, with revenues showing a 9.5% (QoQ) rise at Rs.32 crore and net profit doubled up to Rs.77 lakh from Rs.36 lakh in Q2FY19.
EBITDA margin has shown a substantial improvement from 5.65% to 7.85%.