Porwal Auto Components Ltd Q3 net profit jumps to Rs. 2.24 crores

PORWAL AUTO COMPONENTS LTD. has reported financial results for the period ended December 31, 2017.

The company has reported net sales of Rs.27.78 crores during the period ended December 31, 2017 as compared to Rs.17.47 crores during the period ended December 31, 2016.

The company has posted net profit of Rs.2.24 crores for the period ended December 31, 2017 as against Rs.0.62 crores for the period ended December 31, 2016.

The company has reported EPS of Rs.1.49 for the period ended December 31, 2017 as compared to Rs.0.42 for the period ended December 31, 2016.

The company has reported net sales of Rs.77.59 crores during the 9 months period ended December 31, 2017 as compared to Rs.67.55 crores during the 9 months period ended December 31, 2016.

The company has posted net profit of Rs.5.01 crores for the 9 months period ended December 31, 2017 as against Rs.3.45 crores for the 9 months period ended December 31, 2016.

The company has reported EPS of Rs.3.32 for the 9 months period ended December 31, 2017 as compared to Rs.2.29 for the 9 months period ended December 31, 2016.

Shares of PORWAL AUTO COMPONENTS LTD. was last trading in BSE at Rs.48.15 as compared to the previous close of Rs. 47.05. The total number of shares traded during the day was 17587 in over 118 trades.

The stock hit an intraday high of Rs. 49.3 and intraday low of 47. The net turnover during the day was Rs. 847700.

Source : Equity Bulls

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