White Organic Agro zooms 15 per cent on robust Q2FY19 numbers

White Organic Agro reported its results for the quarter ended September 30, 2018 during market hours.

The company's consolidated revenue for the quarter came in at Rs. 81.44 crore as against Rs. 34.76 crore in the corresponding quarter last year, registering 134 per cent yoy increase.

The EBITDA for the quarter rose by 199.5 per cent yoy to Rs. 5.06 crore as against Rs. 1.69 crore in the corresponding quarter last year, with a corresponding margin expansion of 135 bps. EBITDA margin for the quarter stood at 6.2 per cent.

The PAT for the quarter came in at Rs. 5.18 crore as against Rs. 2.2 crore in the corresponding quarter last year, yoy increase of 136 per cent.

White Organic Agro provides organic fruits, vegetables, food, and beauty and wellness products. Cheering the robust quarterly numbers, the stock jumped nearly 15 per cent and made an intraday high of Rs. 76.65 on the BSE.