N R Agarwal Industries PAT up 41 per cent

N R Agarwal Industries Limited reported its results for the quarter ended September 30, 2018. The company's standalone results were largely positive with strong revenue growth and stable margins.

N R Agarwal Industries revenue for the quarter came in at Rs. 322.1 crore, registering 17.2 per cent yoy increase. EBITDA for the quarter rose by 48.8 per cent yoy to Rs. 52.2 crore from last year’s number of Rs. 35.08 crore, with a corresponding margin expansion of 344 bps. EBITDA margin for the quarter stood at 16.2 per cent. Due to stellar operational performance, the company was able to maintain strong margins.

Net profit after tax for the quarter came in at Rs. 26.33 crore as compared to Rs. 18.58 crore showing yoy increase of 41.7 per cent. PAT margin stood at 8.17 per cent as against 6.75 per cent with an expansion of 142 bps.

On Thursday, at 2:45 pm, the stock of N R Agarwal Industries traded at a price of Rs. 469 down by 5 per cent on BSE. The benchmark index BSE Sensex showed an uptick of 89 points and was at 34,530 points.