Essel Propack's  Q2FY19 revenue jumps 7 per cent

Essel Propack Limited reported its results for the quarter ended September 30, 2018  after  market hours today. 
  
Essel Propack's  consolidated revenue for the quarter came in at Rs. 689.17 crore  as compared to Rs. 644.53 crore during same period last year , registering an increase of 6.9  per cent  YoY. This was primarily driven by  steady  volume growth  in almost all segments. The  EBITDA for the quarter fell by 5  per cent  YoY to Rs. 130.38 crore with a corresponding margin contraction of 236 bps. The EBITDA margin for the quarter stood at 18.9  per cent . 
  
Net profit after tax  for the quarter came in at Rs. 53.78 crore  as against Rs. 52.96, an  increase of 1.5  per cent YoY .  The PAT margin for the period stood at 7.80 per cent. 
  

The stock today closed at Rs. 86.70, down by almost 2 per cent on the previous close on the BSE.