 "Marico Kaya rallies 10% on strong Q3 results")
Marico Kaya Enterprises has rallied 9% to Rs 1,386 on NSE after reporting an eight-fold jump in consolidated net profit at Rs 12.1 crore for the third quarter ended December 31, 2014 (Q3FY15). The company had profit of Rs 1.5 crore in the same quarter last fiscal.
Consolidated revenue from operations of Rs 85.4 crore for Q3FY15, a growth of 22% over corresponding quarter ended Q3FY14.
The company’s India business reported a net revenue growth of 18% with Same Store Growth (SSG) of 15% and international business delivered overall growth of 27% with SSG @ constant currency of 21% respectively, Marico Kaya Enterprises said in a statement.
Consolidated EBIDTA or operating profit was Rs 11.2 crore, 13% of revenue, a growth of 304% over last year, it added.
Kaya India has added 4 clinics and 3 Kaya Skin Bar in India and 1 clinic in Middle East in Q3 FY15. Overall in India Kaya have over 92 clinics & 7 Kaya Skin Bars and operates over 19 clinics in Middle East.
The stock opened at Rs 1,300 and touched a high of Rs 1,440 on NSE. A combined 382,659 shares changed hands on the counter till 1019 hours on NSE and BSE.
Consolidated revenue from operations of Rs 85.4 crore for Q3FY15, a growth of 22% over corresponding quarter ended Q3FY14.
The company’s India business reported a net revenue growth of 18% with Same Store Growth (SSG) of 15% and international business delivered overall growth of 27% with SSG @ constant currency of 21% respectively, Marico Kaya Enterprises said in a statement.
Consolidated EBIDTA or operating profit was Rs 11.2 crore, 13% of revenue, a growth of 304% over last year, it added.
Kaya India has added 4 clinics and 3 Kaya Skin Bar in India and 1 clinic in Middle East in Q3 FY15. Overall in India Kaya have over 92 clinics & 7 Kaya Skin Bars and operates over 19 clinics in Middle East.
The stock opened at Rs 1,300 and touched a high of Rs 1,440 on NSE. A combined 382,659 shares changed hands on the counter till 1019 hours on NSE and BSE.
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