Manpasand Beverages disappoints with PAT de-growth of 75.2% QoQ
Manpasand Beverages Limited reported its results for the quarter ended September 30, 2017, during market hours on Tuesday.
Total sales for this quarter, Q2FY18, came in at Rs. 125.8 crore. This represents a 58.27 per cent sequential decline and 18.23 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 21.5 crore and the EBIT margin stood at 17.09 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs. 8.9 crore, which represents a sequential QoQ decline of 75.2 per cent and a YoY increase of 64.81 per cent.
The company's stock opened for trading at Rs. 443.1 per share on the BSE and has moved up by 1 per cent after the results were declared. At 13:01 hours, the stock was trading at Rs. 434 per share.