Firm cuts full-year forecast for 2nd straight quarter
Revenues for the group decreased 8 per cent for the Q1 of FY 2016-17 against Q1 of FY 2015-16
Net profit rose marginally to Rs 39.3 cr
EBITDA grows 18% to RS 374 cr
Company had reported a net loss of Rs 4.8 crore in the corresponding quarter of the last financial year
Stock of Marico ended 0.10 per cent up at Rs 295.20 on BSE
The company has also witnessed a decline of 19.3% in its revenue to Rs 957.10 crore as compared to Rs 1,186.10 crore last year
Total income from operations rose little over 2% to Rs 425.54 crore
Net revenues of the company too rose 3% to $630.5 mn
Company's PAT had stood at Rs 10.51 crore in the corresponding quarter of the previous financial year
Firm's PAT stood at Rs 18.01 crore during same period a year ago
Shares of the company closed 1.53% down at Rs 271.10 apiece on BSE
Shares of the company ended 1.68% up at Rs 840.15 on BSE
AAI manages 125 airports, including 11 international aerodromes and 25 civil enclaves
The company's revenue also grew by 18% at Rs 2,104 crore for the quarter
The company's standalone income grew by 12.13% to stand at Rs 1,489.47 crore for Q1 of FY17, as against Rs 1,328.29 crore for the said quarter last year
At NSE, it moved up by 6.89 per cent to touch its 52-week high of Rs 650
At NSE, shares of the company soared 6.83 per cent to Rs 21.10
At NSE, shares of the company surged 9.21 per cent to Rs 379.75
At NSE, shares of the company plunged 5.92 per cent to Rs 520.35