Dai-Ichi Karkaria reports strong numbers

Dai-Ichi Karkaria consolidated revenue for the quarter came in at Rs 46.36 crore, registering an increase of 40.9% YoY and 46% QoQ. 

The company's EBITDA for the quarter rose 86.2% YoY to Rs 6.89 crore with a corresponding margin expansion of 362 bps. The EBITDA margin for the quarter stood at 14.9%.  
   
The company reported PAT of Rs 5.04 crore, which represents a sequential QoQ increase of 62.06 per cent and a YoY increase of 63.64 per cent. 
   
The stock of Dai-Ichi Karkaria withnessed pressure and was down by almost 6.3 per cent and touched the day's low of Rs 378. The stock later recovered and closed for the day at Rs 396.55, down by 1.7 per cent from the previous close of Rs 403.2.