Kirloskar Ferrous casts a good Q1

about 1 year ago
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Kirloskar Ferrous Industries jumped up over Rs.91.15, up over 7%. Its 52-week high is at Rs.121.90 and low at Rs.72. Volumes jumped up over 4.5 times today.

For Q1FY19, the company posted a 29% (YoY) rise in revenue at Rs.485 crore and net profit was up by a jaw dropping 750% or 8.5 times at Rs.10.5 crore.

EBITDA doubled up over two times to Rs.35 crore and margins were up from 4.1% to 7.1%.

On an equity of Rs.68.65 crore, EPS is at Rs.0.76 (FV of Rs.5).

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