Ineos Styrolution posts Q3 PAT growth of 164.3 per cent YoY

Ineos Styrolution reported its results for the quarter ended December 2017. The total revenue from operations came in at Rs. 453 crore, representing 6.1 per cent sequential decline and an increase of 28.3 per cent YoY. Its Polystyrene segment reported 36.9 per cent increase YoY.

Its cash operating profit (EBITDA) amounted to Rs. 31 crore. The margins for the quarter was 6.8 per cent.

The company’s PAT came in at Rs. 14 crore, representing 15.7 per cent sequential decline and 164.3 per cent YoY increase.

On Tuesday, the scrip opened at Rs. 1,031 per share and touched an intraday low of Rs. 993.35.