Manpasand Beverages turns volatile after Q4FY18 result

Manpasand Beverages which was in news for negative reason as their auditors resigned, reported fourth quarter results for fiscal year 2018. 

Revenue for the quarter came in at Rs. 384.76 crore, registering 40.7 per cent yoy increase. 
EBITDA for the quarter rose by 40.9 per cent yoy to Rs. 72.92 crore. EBITDA margin for the quarter remained almost at same level of 19 per cent. 

The PAT for the quarter came in at Rs. 42.74 crore, yoy increase of 36.4 per cent. 

In terms of full year performance, the revenue for FY18 surge 33 per cent to Rs. 955 crore. EBITDA for the full year also rose 27 per cent to Rs. 178 crore. Notably, company’s net profit jumped 38 per cent yoy to Rs. 100 crore. 

The stock of Manpasand Beverage on Thursday opened at Rs. 148.7 and touched day high of Rs. 150.4. However, later it tanks to its intra-day low of Rs. 138. At 9.39 a.m. the stock was trading at Rs. 139.6, down by 2.5 per cent.