 "SRF")
Shares of SRF rallied 10 per cent to Rs 2,222 apiece on Wednesday, extending its Tuesday’s 3 per cent gain on BSE, after the company reported a strong set of numbers for the quarter ended December 2018 (Q3FY19).
The company posted growth of 26 per cent year-on-year (YoY) in consolidated net profit at Rs 166 crore in Q3FY19 on back of higher revenue. The operational revenue grew 41 per cent to Rs 1,964 crore from Rs 1,397 crore in the corresponding quarter of the previous year. EBITDA (earnings before interest, taxation, depreciation and ammortisation) margin expanded 30bp YoY to 16.9
The company posted growth of 26 per cent year-on-year (YoY) in consolidated net profit at Rs 166 crore in Q3FY19 on back of higher revenue. The operational revenue grew 41 per cent to Rs 1,964 crore from Rs 1,397 crore in the corresponding quarter of the previous year. EBITDA (earnings before interest, taxation, depreciation and ammortisation) margin expanded 30bp YoY to 16.9
