RCF posts strong results in Q1FY19
RCF reported strong quarterly results for the quarter, but with flat margin for the quarter
The total revenue for the quarter rose by 25 per cent YoY to Rs.1943 crore in Q1FY19 as against Rs 1554 crore in the corresponding quarter previous year and Rs 1961 crore in the previous quarter.
The EBITDA for the quarter rose by 41 per cent YoY to Rs.94 crore in Q1FY19 as compared to Rs 66.8 crore in the corresponding quarter previous year. The EBITDA margins for the quarter rose by 60 bps to 4.9 per cent in Q1FY19 as against 4.3 per cent in the corresponding quarter previous year.
The net profit for the quarter rose by 11.7 per cent YoY to Rs 23 crore in Q1FY19 as against Rs.21 crore in thecorresponding quarter previous year
The stock closed at Rs.71.1, up by 0.57 per cent