Kriti Nutrients surges 20 per cent on impressive Q3FY18 numbers
Kriti Nutrients reported its results for the quarter ended December 31, 2017 on Wednesday.
The company's standalone revenue for the quarter came in at Rs 128.62 crore, registering an increase of 40.4% YoY.
Its EBITDA for the quarter rose by 144.6% YoY to Rs 11.84 crore with a corresponding margin expansion of 392 bps. The EBITDA margin for the quarter stood at 9.2%.
The PAT for the quarter came in at Rs 6.66 crore, an increase of 176.9% YoY.
Kriti Nutrients Limited is engaged in soya seed extraction and manufacturing and selling of cooking oil under its own brand name 'Kriti'. The company's primary products include soya lecithin flakes and flour, and soya crude oil/refined oil.
On Thursday, the stock opened at Rs. 43.90, jumped around 20 per cent from its Wednesday’s closing price of Rs. 36.60, on the BSE.