Tuesday, March 11, 2025 | 11:33 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Aptech hits 52-week high on robust Q2 results

The stock hit a fresh 52-week high of Rs 186, up 6% on BSE in early morning trade.

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters

SI Reporter Mumbai
Aptech hit a fresh 52-week high of Rs 186, up 6% on BSE in early morning trade after the company reported nearly three-fold jump in consolidated net profit of Rs 7.17 crore for the quarter ended September 30, 2016 (Q2FY17).

The company engaged in information technology (IT) training services business had registered a profit of Rs 2.75 crore in the corresponding quarter year ago.

Total revenue from operations grew 35.6% to Rs 49.97 crore in Q2FY17 against Rs 36.84 crore in Q2FY16.

EBITDA (earnings before interest, taxes, depreciation, and amortization) margin improved to 21.8% during the quarter under review from 12.7% in year ago quarter.

At 09:34 am, the stock was up 4% at Rs 182 on BSE. A combined 858,227 shares changed hands on the counter on BSE and NSE.
 
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 20 2016 | 9:36 AM IST

Explore News