Moneycontrol
Feb 12, 2018 12:07 PM IST | Source: Moneycontrol.com

Lambodhara Textiles locked at 20% upper circuit on robust Q3 numbers

Revenue was up 38.8 percent at Rs 41.8 crore versus Rs 30.1 crore.

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Shares of Lambodhara Textiles were locked at 20 percent upper circuit as profit nearly doubled in the quarter ended December 2017.

There were pending buy orders of 45,873 shares, with no sellers available.

The company's Q3 (Oct-Dec) net profit surged 96.6 percent at Rs 3.5 crore against Rs 1.8 crore, in the same period last fiscal.

Revenue was up 38.8 percent at Rs 41.8 crore versus Rs 30.1 crore.

Earnings before interest, taxes, depreciation and amortization (EBITDA) was up 20.2 percent at Rs 6.3 crore, while EBITDA margin was down 230 bps at 15 percent.

At 11:44 hrs Lambodhara Textile was quoting at Rs 72.10, up Rs 12, or 19.97 percent.

Posted by Rakesh Patil
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