Shakti Pumps (India) hit a new high of Rs 576, up 8% on BSE in noon deal, after the company reported more than four-fold jump in its consolidated net profit at Rs 167 million in October-December quarter (Q3FY18). It had a profit of Rs 41 million in the same quarter year ago.
Operational revenue of the company during quarter under review increased by 42% to Rs 1,477 million from Rs 1,041 million the corresponding quarter of previous year. EBITDA (earnings before interest, tax, depreciation and amortization) margin improved to 21.17% in Q3FY18 from 15.4% in Q3FY17. For the first ...
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