Endurance Technologies Ltd. : Q4FY17 Results
Endurance Technologies Ltd. reported its results for the quarter ended March 31, 2017 on Wednesday.
The company's total sales for Q4FY17 came in at Rs 1366.1 crore, which represents a 3.5 per cent sequential increase and 3.7 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 96.9 crore and its EBIT margin stood at 7.1 per cent.
The company reported PAT of Rs. 83.5 crore, which represents a sequential QoQ increase of 12.4 per cent and a YoY increase of 3.3 per cent.
The board of directors has recommended dividend of Rs. 2.5 per equity share of face value of Rs 10.
The company's stock opened at Rs 800 today and touched an intra-day high of Rs 819 and finally closed at Rs 810.55 on BSE.
Endurance Technologies Ltd is an India-based company, which carries on the business of manufacturing, fabricating and dealing in automobile parts and agricultural implements of all kinds. The company has its registered office in Maharashtra.