Moneycontrol
Aug 11, 2017 09:14 AM IST | Source: Moneycontrol.com

J Kumar Infra Q1 misses estimates; net down 12% at Rs 26 cr

The operating profit (EBITDA) was up 4 percent t Rs 62.55 crore and EBITDA margin increased 180 bps at 16.7 percent.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

J Kumar Infraprojects has registered 12.5 percent fall in its Q1 (April-June) net profit at Rs 25.8 crore against Rs 29.5 crore, in the same quarter last fiscal.

Revenue of the company declined 7 percent at Rs 374.2 crore versus Rs 403 crore.

The operating profit (EBITDA) was up 4 percent t Rs 62.55 crore and EBITDA margin increased 180 bps at 16.7 percent.

Profit was estimated at Rs 31 crore, revenue at Rs 400 crore and EBITDA at Rs 68 crore, according to average of estimates of analysts polled by CNBC-TV18.

The company’s share will start its normal trading today onwards post the Securities Appellate Tribunal (SAT) on Thursday stayed restrictions imposed by the Securities and Exchange Board of India (SEBI) on trading of shares on the exchanges.

The company’s share is among the 331 companies suspected to be 'shell companies' by SEBI.

J Kumar Infraprojects had moved the SAT against the SEBI directions.

Out of the 331 companies on the list, more than 160 are actively traded shares on the exchanges.

On Thursday, the share ended at RS 283.65 down 0.04 percent.

tags #Results

Sections
Follow us on
Available On