Q2FY19 Results: Kriti Nutrients PAT jumps 40 per cent

Kriti Nutrients reported its results for the quarter ended September 30, 2018.

The company's consolidated revenue for the quarter came in at Rs. 115.09 crore as against Rs. 91.49 crore in the corresponding quarter last year, registering 25.8 per cent yoy increase.
  
The EBITDA for the quarter rose by 24.6 per cent yoy to Rs. 7.45 crore as against Rs.  5.98 crore in the corresponding quarter last year, with a corresponding margin contraction of 6 bps. EBITDA margin for the quarter stood at 6.5 per cent.

The PAT for the quarter came in at Rs. 4.21 crore as against Rs. 3 crore in the corresponding quarter last year, yoy increase of 40 per cent.

Kriti Nutrients is engaged in soya seed extraction, and manufacturing and selling of cooking oil under its own brand Kriti.
 
On Friday, the stock opened at Rs. 32.30 per share and made an intraday low of Rs. 28.20 on the BSE.