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Prestige Estates, Fiem Industries down 4-6% on weak Q3 nos

Fiem Industries has registered 42 percent decline in its Q3 net profit at Rs 9.1 crore and total income was down 9 percent at Rs 235.4 crore.

February 14, 2017 / 12:49 IST
     
     
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    Moneycontrol BureauShares of Fiem IndustriesPrabhat Dairy and Prestige Estates Projects declined 4-6 percent intraday Tuesday after weak December quarter numbers. Prabhat Dairy has reported Q3 net profit at Rs 33.7 crore, which includes exceptional gain of Rs 25.6 crore, against profit of Rs 8.9 crore, in the same quarter last year.The company's EBITDA was up 37.1 percent at Rs 37.7 crore and EBITDA margin was at 9.2 percent.Prestige Estates' Q3 (Oct-Dec) net profit was down 75.5 percent at Rs 68.3 crore, while its total income was up 18.5 percent at Rs 1,234.1 crore.The company's other income fell 90.7 percent at Rs 19.5 crore versus Rs 210.8 crore.Fiem Industries has registered 42 percent decline in its Q3 net profit at Rs 9.1 crore and total income was down 9 percent at Rs 235.4 crore.The company's EBITDA was down 21.5 percent at Rs 26.3 crore and EBITDA margin was down at 11.2 percent.At 11:27 hrs Prestige Estates Projects was quoting at Rs 170.60, down 2.63 percent and Prabhat Dairy was quoting at Rs 141, down 3.72 percent.Fiem Industries was quoting at Rs 989.90, down Rs 55.05, or 5.27 percent on the BSE.Posted by Rakesh Patil

    first published: Feb 14, 2017 11:35 am

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