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

| More

Pricol Ltd announces Q2 FY19 results

Posted On: 2018-11-08 21:47:10

Pricol Limited (BSE: 540293 / NSE: PRICOLLTD), a leading manufacturer of automotive components for the global automotive market, announced its results for second quarter of FY 18-19 today.

Business Performance

- Pricol Limited's total revenue grew by 16.19% y-o-y in Q2 FY 18-19 compared to the corresponding quarter in FY 17-18.

- Impact in margins before the exception items weakened significantly compared to the same quarter previous year. Global shortage of electronic components combined with rupee weakening and steep increase in commodity prices like steel, aluminium and polymers largely impacted our input costs. Measures are being taken with customers for price increase in order to offset the costs, which is expected to be realized in the subsequent quarters.

Mr. Vikram Mohan, Managing Director, Pricol Limited said "Pricol Limited has witnessed an average revenue growth of 16.19% in Q2 FY 18-19 against the corresponding quarter last year. Currently, our input costs are of a matter of concern and steps are being taken to mitigate the same through price increases and operational efficiencies. Rest assured, our topline is expected to see a growth with new business wins and strong customer relations. We are certainly poised for sustainable growth across all product segments in line to our Vision 2020 to become a INR 3000 crore company".

Shares of Pricol Ltd was last trading in BSE at Rs.51.8 as compared to the previous close of Rs. 52.3. The total number of shares traded during the day was 9495 in over 226 trades.

The stock hit an intraday high of Rs. 55.85 and intraday low of 51.3. The net turnover during the day was Rs. 494362.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Syngene International Ltd Board recommends issue of 1:1 Bonus Shares

Bharti Infratel Ltd Fixes May 8, 2019 as Record Date for Second Interim Dividend

Speedcast Brings Seamless Connectivity to Indian Waters with Nelco Partnership

Mahindra & Mahindra Ltd Board to consider Dividend and Audited Financial Results for FY 19

Glenmark receives approval from Russian Ministry of Healthcare to market Momate Rhino metered nasal spray as OTC product

Maruti Suzuki India Ltd hikes Ex-Showroom price of Baleno RS Petrol variant and Diesel variants

V2 Retail Ltd announces closure of store at Bhangel, Noida, Uttar Pradesh

Voltas Ltd Board to consider Dividend and Audited Financial Results for FY19

ICICI Prudential Life Insurance Company Ltd announces FY19 results

Syngene records strong Q4 and FY19 growth

IndiGrid meets FY19 distribution guidance, delivering another strong quarter

Bharti Infratel announces results for Q4 and FY 2018-19

Mahindra & Mahindra Financial Services Ltd announces Q4, FY19 results

Bank of Maharashtra board to consider fund raising on April 29, 2019

ICICI Prudential Life Insurance Company Ltd Board approves Dividend of Rs. 1.55

Shriram City Union Finance Ltd Board recommends Final Dividend of Rs. 16

Agro Tech Foods Ltd Board recommends Dividend of Rs. 2.50 for 2018-19

IPCA Laboratories Ltd to acquire Ramdev Chemical Pvt Ltd

Mahindra & Mahindra Financial Services Ltd approves dividend of Rs. 4 and special dividend of Rs. 2.50

Bharti Infratel Ltd board declares 2nd interim dividend of Rs. 7.50

Rashtriya Chemicals & Fertilizers Ltd calls for board meeting on May 7, 2019

Greaves Cotton Ltd board to consider FY19 results on May 2, 2019

Gujarat Gas Ltd board to announce Q4, FY19 results on May 1, 2019

Nitta Gelatin India Ltd board to approve FY19 results, dividend on May 6, 2019

Benares Hotels Ltd board recommends dividend of Rs. 15 for 2018-19

Shriram City Union Finance Ltd announces Q4, FY19 results

Bharti Infratel Ltd Q4 consolidated PAT at Rs. 607.6 crores

Agro Tech Foods Ltd FY19 consolidated PAT up at Rs. 34.25 crores

Mahindra & Mahindra FInancial Services Ltd FY19 PAT jumps to Rs. 1867.28 crores

Benares Hotels Ltd announces net profit of Rs. 8.72 crore in FY 2018-19

Café Coffee Day welcomes summer with absolutely refreshing fruit-based beverages

Max Bupa's #ExYourExcuse campaign encourages people to put their health first

Indiabulls Housing Finance Ltd Board declares Interim Dividend of Rs. 10 for 2019-20

Satia Industries Ltd Board to consider Final Dividend & Sub-division of Equity Shares

PTC India Ltd Board to consider FY19 results & Final Dividend on May 14, 2019

HSIL Ltd board to consider dividend, Q4, FY19 results on May 3, 2019

Britannia Industries Ltd terminates job work contract of Shah Foods Ltd

Loyal Textile Mills Ltd board to consider Q4, FY19 results on May 30, 2019

Indiabulls Housing Finance Ltd Q4 consolidated PAT slips to Rs. 1001.37 crores

Infosys positioned as a Leader in Gartner's Magic Quadrant

USFDA completes audit of Jeevan Scientific Technology Ltd's clinical pharmacology centre

Wall Street Finance Ltd launches 'Mobile App' for the Agent Partners

Astron Paper & Board Mill Ltd announces shut down of Unit-2

Godawari Power and Ispat Ltd calls for board meeting on April 30, 2019

Great Eastern Shipping Company Ltd board to approve FY19 results, NCD issue, dividend on May 6, 2019

TATA Elxsi Ltd reports PAT of Rs. 71.29 crores in Q4 FY19

Hexaware Technologies Ltd Q1 net profit jumps to Rs. 138.47 crore

Muthoot Capital Services Ltd Q4 PAT slides to Rs. 18.35 crore

Ultratech Cement Ltd Q4 consolidated net profit jumps to Rs. 1034.21 crore

Tata Elxsi Ltd Board recommends Dividend of Rs. 13.50

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

disclaimer copyright © 2005 - 2019