Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

Endurance Technologies Ltd announces results for Q4 FY18

Posted On: 2018-05-16 10:27:14

The Board of Directors of Endurance Technoiogies Limited today approved the audited financial results for the quarter and year ended 31st March 2018.

Performance Highlights [for FY 2017-18]:

- Consolidated Total Income including other income (excluding Excise Duty) grew by 16.8% to INR 65,617 million vs INR 56/199 million.

- 71% of Consoiidated Total Income induding other income came from Indian operations and balance 29% came from European operations.

- Standalone Total Income including other income grew by 19.7% to INR 46/595 million vs INR 38/924 million.

- Consolidated EBITDA Margin improved to 14.5% from 14.0%.

- Consolidated PAT (before OCI) grew by 18.3% to INR 3/908 miliion vs INR 3/303 miliion,

- Aftermarket sales from Indian operations grew by 13.8% to INR 2,415 million vs INR 2,122 million.

- Exports from India grew by 30,9% to INR 2,198 million from Rs. 1/679 million.

- Consolidated Basic and Diluted EPS stood at INR 27.78 per share compared to INR 23.48 per share in the previous financial year.

Commenting on the Company's performance, Mr. Anurang Jain/ Managing Director of the Company said: "Growth in sales of two-wheelers in India has been very robust - both for scooters and motorcycles. Also, three-wheeler volumes have recorded a sharp growth. Our revenues have grown faster than the market volumes/ both in India and Europe. This is a reflection of the continued trust reposed by our customers in our ability to play a key rofe in their supply chain.

Despite exceptional cost of Rs. 269 mn. related to implementation of voluntary separation scheme that we incurred in Q3 of this year / our annual PAT margin has improved over last year / both at standalone and consolidated level.

The Board of Directors has reviewed the Company's financial performance for the fiscal year and has recommended dividend of Rs. 4 per equity share of face value of Rs. 10 each."

Shares of Endurance Technologies Ltd was last trading in BSE at Rs.1155 as compared to the previous close of Rs. 1184.45. The total number of shares traded during the day was 3542 in over 482 trades.

The stock hit an intraday high of Rs. 1197.95 and intraday low of 1140. The net turnover during the day was Rs. 4146868.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Infosys announces JV with Hitachi, Panasonic and Pasona in Japan

TVS Motor Company expands and strengthens its presence in Peru with three new product launches

Escorts Ltd launches new range of Construction Equipment at Bauma CONEXPO 2018

IL&FS Transportation Networks Ltd appoints Ms. Shaivali Parekh as CFO

DBL Rewa Sidhi Highways Private Limited receives financial closure letter from NHAI

Reliance Capital Ltd's arm sells stake in Menon & Menon Ltd for Rs. 23 crore

Adani Enterprises arm acquires stake in Alpha Design Technologies Pvt Ltd

Khadim India Ltd allots 4417 shares

CARE updates on ratings of Himadri Speciality Chemical Ltd

Dhunseri Petrochem Ltd is now Dhunseri Ventures Ltd

IOC declares interim dividend of Rs. 6.75 for 2018-19

Premier Explosives Ltd bags order from Israel Company

Advanced Enzyme Technologies Ltd bags award in UBM India Pharma Awards 2018

CARE revises ratings on bank facilities of Dilip Buildcon Ltd

Jain Irrigation bags order of Rs. 584 crores

IOC announces buy back of 29,76,51,006 equity shares at Rs. 149

Lupin receives tentative US FDA approval for Dimethyl Fumarate Delayed Release Capsules, 120 mg and 240 mg

YES BANK updates on today's board meeting

Techno Electric & Engineering Company Ltd approves buy-back of 26,82,400 shares

Ganesh Films India Ltd acquires North India distribution rights for 'KANAA'

TVS Motor Company rolls out the 50,000 unit of the BMW 310cc series motorcycle

Maruti Suzuki receives 'Commendation for Significant achievement' at CII-ITC Sustainability Awards'18

Steel Strips Wheels Ltd receives 90,000 Truck Wheel Order

SeQuent receives EIR from USFDA for its Analytical Lab at Mangalore

Ashoka Buildcon L-1 for Jharkhand Bijli Vitran Nigam Limited's project

Goldiam International Ltd arm closes factory

New Version of Connected Clinical Trials Platform Launched at TCS ADD Vantage

VivoHub teams with Tata Communications

Unichem and its subsidiary asked to pay Euro 13.96 mn

Talwalkars Lifestyles Ltd launches AI based Welness Program

Suzlon secures 50.4 MW order from Atria Power

Amara Raja Batteries Limited announces superannuation of CFO

Everest Group PEAK Matrix™ Recognizes Sasken as an Aspirant in Digital Services

Sonata Software to acquire Sopris Systems

DLF Ltd approves QIP of upto 17.30 crore shares

SORIL Infra Resources Ltd to foray into financial services business in rural India

Strides receives USFDA approval for Lidocaine Ointment

EU General Court upholds the European Commission's decision in Perindopril litigation

CARE assigns CARE D rating to Taneja Aerospace and Aviation Limited

Scan Steels Ltd calls for board meeting on Dec 18, 2018

Mr Saurabh Chawla, Group CFO of DLF Ltd quits

Pointer Telocation and Pricol sign LOI to form a JV for Telematics Solutions in India and South East Asia

Wipro Achieves 'Cloud Elite' status in Oracle PartnerNetwork Cloud Program

Jubilant FoodWorks allotted 51 lakh shares in Bangladesh JV

Music Broadcast Ltd board to consider stock split

TCS Recognized as a Leader in Gartner Magic Quadrant for Application Testing Services, WW

Ambuja Cements Ltd approves expansion plan of 1.4 MT additional clinker capacity

TVS Motor Company wins 2 key awards at CII - ITC Sustainability Awards 2018

Tribhovandas Bhimji Zaveri Ltd to shift Ghatkopar showroom

Mr. Ajay Kapur, MD& CEO of Ambuja Cements Ltd resigns

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018