Granules India zooms on reporting seventy two% rise in Q3 consolidated net profit

Granules India zooms on reporting seventy two% rise in Q3 consolidated net profit

by admin- Wednesday, January 30th, 2019 07:07:18 PM

Granules India is currently buying and selling at Rs. 92.50, up by four.10 factors or 4.Sixty four% from its preceding remaining of Rs. 88.Forty on the BSE.

The scrip opened at Rs. Ninety four.Forty and has touched a excessive and coffee of Rs. Ninety five.Fifty five and Rs. Ninety one.00 respectively. So some distance 204135 shares had been traded on the counter.

The BSE group ‘A’ inventory of face value Rs. 1 has touched a fifty two week high of Rs. 134.70 on 30-Jan-2018 and a 52 week low of Rs. Seventy one.Seventy five on 05-Jun-2018.
Last one week high and occasional of the scrip stood at Rs. Ninety seven.Seventy five and Rs. 87.50 respectively. The current market cap of the organization is Rs. 2349.25 crore.

The promoters preserving within the business enterprise stood at forty four.87%, even as Institutions and Non-Institutions held 12.Seventy five% and forty two.37% respectively.

The company has reported a rise of 18.Forty seven% in its internet income at Rs 40.09 crore for third area ended December 31, 2018 in comparison to Rs 33.84 crore for the equal quarter inside the preceding 12 months. Total income of the corporation improved by way of 40.Seventy six% at Rs 586.Sixty five crore for Q3FY19 as compared Rs 416.76 crore for the corresponding zone previous year.

On the consolidated foundation, the company has reported a upward push of seventy two.24% in its net income at Rs 60.32 crore for the zone below assessment compared to Rs 35.02 crore for the same quarter in the previous 12 months. Total profits of the company extended by 54.Ninety two% at Rs 637.Sixty five crore for Q3FY19 as compared Rs 411.60 crore for the corresponding sector preceding 12 months.

News Updates