 "Aptech hits 52-week high on robust Q2 results")
Aptech hit a fresh 52-week high of Rs 186, up 6% on BSE in early morning trade after the company reported nearly three-fold jump in consolidated net profit of Rs 7.17 crore for the quarter ended September 30, 2016 (Q2FY17).
The company engaged in information technology (IT) training services business had registered a profit of Rs 2.75 crore in the corresponding quarter year ago.
Total revenue from operations grew 35.6% to Rs 49.97 crore in Q2FY17 against Rs 36.84 crore in Q2FY16.
EBITDA (earnings before interest, taxes, depreciation, and amortization) margin improved to 21.8% during the quarter under review from 12.7% in year ago quarter.
At 09:34 am, the stock was up 4% at Rs 182 on BSE. A combined 858,227 shares changed hands on the counter on BSE and NSE.
The company engaged in information technology (IT) training services business had registered a profit of Rs 2.75 crore in the corresponding quarter year ago.
Total revenue from operations grew 35.6% to Rs 49.97 crore in Q2FY17 against Rs 36.84 crore in Q2FY16.
EBITDA (earnings before interest, taxes, depreciation, and amortization) margin improved to 21.8% during the quarter under review from 12.7% in year ago quarter.
At 09:34 am, the stock was up 4% at Rs 182 on BSE. A combined 858,227 shares changed hands on the counter on BSE and NSE.