Business Standard

Saturday, December 21, 2024 | 01:15 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Security and Intelligence Services soars 15% post Q2 results

The stock soared 15% to Rs 1,029 on the BSE, its highest level since listing on August 10, 2017.

Security and Intelligence Services soars 15% post Q2 results
Premium

SI Reporter Mumbai
Security and Intelligence Services (India) soared 15% to Rs 1,029 on the BSE after the company reported more than four-fold jump in net profit at Rs 58.9 crore in September quarter (Q2FY18), on the back of higher other income.  It had logged profit of Rs 2.13 crore in the same quarter a year ago.

The company’s revenue from operations grew 35.7% at Rs 1,460 crore against Rs 1,076 crore in the corresponding quarter of previous fiscal. Other income increased by 12 times to Rs 24.5 crore from Rs 2.1 crore in previous year quarter.

EBITDA (earnings before interest,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in