Sabero Organics Gujarat has rallied 11% to Rs 117 after reporting a net profit of Rs 9.45 crore for the quarter ended June 30, 2013 (Q1) on back of strong operational income. The agrochemicals company had net loss of Rs 1.89 crore in a year ago quarter.
The company’s total operational income for the quarter increased by 45% to Rs 181 crore as compared to Rs 125 crore . EBITDA margin improved 400 bps to 10.85% from 6.78% during the recently concluded quarter.
The stock opened at Rs 111 and hit a high of Rs 124 on NSE. A combined 146,373 shares have changed hand on the counter till early morning deals against an average sub 50,000 shares that were traded daily in past two weeks on BSE and NSE.
The company’s total operational income for the quarter increased by 45% to Rs 181 crore as compared to Rs 125 crore . EBITDA margin improved 400 bps to 10.85% from 6.78% during the recently concluded quarter.
The stock opened at Rs 111 and hit a high of Rs 124 on NSE. A combined 146,373 shares have changed hand on the counter till early morning deals against an average sub 50,000 shares that were traded daily in past two weeks on BSE and NSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%