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Revathi Equipment zooms 40% in two days on strong Q4 results

The company posted net profit of Rs 10.17 crore in Q4FY19, against Rs 2.25 crore in year-ago quarter.

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SI Reporter Mumbai
Revathi Equipment shares rallied 17 per cent to Rs 519 on Friday, surging 40 per cent in the past two trading days on the BSE, after the company reported an over four-fold jump in consolidated net profit at Rs 10.17 crore in March quarter (Q4FY19). The company had a posted profit of Rs 2.25 crore in year ago quarter.

Operational revenue during the quarter under review grew 27 per cent at Rs 81.88 crore against Rs 64.31 crore in the corresponding quarter of previous fiscal. EBITDA (earnings before interest tax depreciation and amortization) margin declined to 13.26 per cent

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First Published: May 31 2019 | 11:04 AM IST

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