Moneycontrol
Last Updated : May 16, 2018 03:21 PM IST | Source: Moneycontrol.com

Jyothy Laboratories gains 6% on bonus issue, strong Q4 operating nos

EBITDA or operating profit was up 45.8 percent at Rs 88.4 crore and margin was up 350 bps at 17.1 percent.

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Shares of Jyothy Laboratories added 6.5 percent on the back of strong operational performance and bonus share approval.

The company has registered 29 percent fall in its Q4 net profit at Rs 76 crore, while revenue was up 16 percent at Rs 516.8 crore.

EBITDA or operating profit was up 45.8 percent at Rs 88.4 crore and margin was up 350 bps at 17.1 percent.

The company's board approved bonus issue in the ratio of 1:1.

At 15:15 hrs Jyothy Laboratories was quoting at Rs 393.90, up Rs 20.70, or 5.55 percent on the BSE.

Posted by Rakesh Patil
First Published on May 16, 2018 03:21 pm
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