Moneycontrol BureauShares of Puravankara Projects added 16 percent in the early trade on Friday on the back of strong numbers declared by the company in the second quarter ended September 2016. The company's Q2 (July-September) net profit rose 55.9 percent at Rs 42.1 crore versus Rs 27 crore, in the same quarter last fiscal.Total income of the company was down 11 percent at Rs 377.5 crore versus Rs 424 crore.The company's EBITDA was up 22.5 percent at Rs 121.3 crore and EBITDA margin was up 880 at 32.1 percent.At 09:21 hrs Puravankara Projects was quoting at Rs 48.25, up Rs 5.25, or 12.21 percent on the BSE.Posted by Rakesh Patil
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