Gokaldas Exports Ltd, continued the journey of growth and profitability in Q3 FY19 and delivered a net profit after tax of Rs 8.1 crs.
Some of the key business highlights are:
- Q3 FY19 revenues of Rs 273.2 crs; grew year on year by 10.4%
- EBIDTA margins of 7.4% as against ~1.5% in Q3FY18
- Net profit of Rs 8.1 crs during the quarter as compared to loss of Rs 16.8 crs in Q3FY18
For the 9 months period ended 31st Dec, the company achieved a revenue of Rs 859.9 Cr, (growth of 11.2%), with EBIDTA margin of 6% and net profit of Rs 13.7 Cr. as compared to net loss of Rs 34.5 Cr, during the corresponding period in the previous year.
The company's continued efforts in strengthening customer relationships and driving operational excellence, allowed it to post a superior performance.
Shares of GOKALDAS EXPORTS LTD. was last trading in BSE at Rs.73.6 as compared to the previous close of Rs. 76.1. The total number of shares traded during the day was 2007 in over 36 trades.
The stock hit an intraday high of Rs. 76.1 and intraday low of 73.6. The net turnover during the day was Rs. 149234.