IFB Agro Industries Ltd Q2 FY19 net profit marginally rises to Rs. 11.51 crores

IFB AGRO INDUSTRIES LTD. has reported financial results for the period ended September 30, 2018.

The company has reported net sales of Rs.466.29 crores during the period ended September 30, 2018 as compared to Rs.447.94 crores during the period ended September 30, 2017.

The company has posted net profit of Rs.11.51 crores for the period ended September 30, 2018 as against Rs.11.48 crores for the period ended September 30, 2017.

The company has reported EPS of Rs.12.29 for the period ended September 30, 2018 as compared to Rs.12.26 for the period ended September 30, 2017.

The company has reported net sales of Rs.928.40 crores during the 6 months period ended September 30, 2018 as compared to Rs.786.53 crores during the 6 months period ended September 30, 2017.

The company has posted net profit of Rs.23.33 crores for the 6 months period ended September 30, 2018 as against Rs.18.75 crores for the 6 months period ended September 30, 2017.

The company has reported EPS of Rs.24.91 for the 6 months period ended September 30, 2018 as compared to Rs.20.03 for the 6 months period ended September 30, 2017.

Financials	Q2 FY18-19	Q2 FY17-18	% Change	H1 FY18-19	H1 FY17-18	% Change
Total Income	₹ 466.29 crs	₹ 447.94 crs	4.1%	₹ 928.40 crs	₹ 786.53 crs	18.04%
Net Profit	₹ 11.51 crs	₹ 11.48 crs	0.26%	₹ 23.33 crs	₹ 18.75 crs	24.43%
EPS	₹ 12.29	₹ 12.26	0.24%	₹ 24.91	₹20.03	24.36%

Shares of IFB AGRO INDUSTRIES LTD. was last trading in BSE at Rs.578 as compared to the previous close of Rs. 573.65. The total number of shares traded during the day was 508 in over 11 trades.

The stock hit an intraday high of Rs. 594.95 and intraday low of 575. The net turnover during the day was Rs. 296224.

Source : Equity Bulls

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