LIVE NOW :Watch India’s top CFOs share their financial resilience strategies at the India CFO Summit. Click here
Last Updated : Jan 23, 2017 01:41 PM IST | Source: Moneycontrol.com

Sumeet Industries locked at 5% upper circuit on strong Q3 nos

The company‘s Q3 (Oct-Dec) consolidated net profit was up 75 percent at Rs 10.5 crore against Rs 6 crore, in the same quarter last fiscal.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More
Moneycontrol Bureau

Shares of Sumeet Industries has locked at 5 percent upper circuit on robust numbers declared by the company for the quarter ended December 2016.

The company’s Q3 (Oct-Dec) consolidated net profit was up 75 percent at Rs 10.5 crore against Rs 6 crore, in the same quarter last fiscal.

Total income of the company increased by 18.7 percent at Rs 341.1 crore against Rs 287.4 crore.

The EBITDA of the company rose 12 percent at Rs 28.4 crore and EBITDA margin was at 8.3 percent.

At 13:34 hrs Sumeet Industries was quoting at Rs 39.40, up Rs 1.95, or 5.21 percent on the BSE.

There were pending buy orders of 72,245 shares, with no sellers available.

Posted by Rakesh Patil
First Published on Jan 23, 2017 01:41 pm
Sections