KRBL jumps after strong Q1 numbers
KRBL rose 3.30% to Rs 236 at 15:29 IST on BSE after consolidated net profit rose 36.1% to Rs 136.12 crore on a 63.8% surge in net sales to Rs 1,217.70 crore in Q1 June 2019 compared with Q1 June 2018.
The result was announced after trading hours yesterday, 1 August 2019.
Meanwhile, S&P BSE Sensex was up 92.61 points or 0.25% at 37,110.93.
On BSE, 78,000 shares were traded in KRBL counter, compared to a 2-week average of 50,000 shares. The stock hit an intraday high of Rs 250.55 and an intraday low of Rs 230.55. It hit a 52-week high of Rs 411.50 on 23 August 2018 and a 52-week low of Rs 197.45 on 22 July 2019.
Consolidated EBITDA rose 31% to Rs 240 crore in Q1 June 2019 over Q1 June 2018.
KRBL is an India-based basmati rice processing company.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 02 2019 | 3:57 PM IST