Sanwaria reports 105 per cent increase in PAT
Sanwaria Consumer Limited reported its results for the quarter ended September 30, 2018 during market hours on Wednesday.
The company's revenue for the quarter came in at Rs. 1,295.73 crore as against Rs. 1,224.39 crore for the same period last year, registering 5.8 per cent yoy increase. EBITDA for the quarter rose by 67 per cent yoy to Rs. 75.08 crore with a corresponding margin expansion of 212 bps. EBITDA margin for the quarter stood at 5.8 per cent. This margin expansion was aided by lower manufacturing costs along with reduced general expenses.
The PAT for the quarter came in at Rs. 43.08 crore, yoy increase of 104.8 per cent. This was due to lower interest expenses during the quarter.
On Wednesday, at 3.10 hours, the stock traded at price of Rs. 12.30 per share higher by 6.50 per cent than last close on BSE. The benchmark index BSE Sensex was trading 34,442, higher by 551 points.