Don’t miss the latest developments in business and finance.

KRBL jumps after strong Q1 numbers

Image
Capital Market
Last Updated : Aug 02 2019 | 4:16 PM IST

KRBL rose 3.30% to Rs 236 at 15:29 IST on BSE after consolidated net profit rose 36.1% to Rs 136.12 crore on a 63.8% surge in net sales to Rs 1,217.70 crore in Q1 June 2019 compared with Q1 June 2018.

The result was announced after trading hours yesterday, 1 August 2019.

Meanwhile, S&P BSE Sensex was up 92.61 points or 0.25% at 37,110.93.

On BSE, 78,000 shares were traded in KRBL counter, compared to a 2-week average of 50,000 shares. The stock hit an intraday high of Rs 250.55 and an intraday low of Rs 230.55. It hit a 52-week high of Rs 411.50 on 23 August 2018 and a 52-week low of Rs 197.45 on 22 July 2019.

Consolidated EBITDA rose 31% to Rs 240 crore in Q1 June 2019 over Q1 June 2018.

KRBL is an India-based basmati rice processing company.

Powered by Capital Market - Live News

Also Read

First Published: Aug 02 2019 | 3:57 PM IST

Next Story