Moneycontrol
Last Updated : Aug 09, 2018 01:43 PM IST | Source: Moneycontrol.com

Apar Industries touches 52-week low on weak June quarter numbers

The company's Q1 consolidated net profit was down 25 percent at Rs 29 crore against Rs 39 crore in a year ago period.

 
 
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Shares of Apar Industries touched 52-week low of Rs 575, down 4.8 percent intraday Thursday on the back of weak Q1FY19 (April-June) numbers.

The company's Q1 consolidated net profit was down 25 percent at Rs 29 crore against Rs 39 crore in a year ago period.

Meanwhile, revenue was up 14.7 percent at Rs 1,495.6 crore against Rs 1304.3 crore.

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Operating profit or EBITDA was up 14 percent at Rs 108.4 crore, while margin was unchanged at 7.3 percent.

At 13:34 hrs Apar Industries was quoting at Rs 596.80, down Rs 7.15, or 1.18 percent on the BSE.

The share price declined 23 percent in the 3 months.

Posted by Rakesh Patil
First Published on Aug 9, 2018 01:42 pm
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