The company, engaged in IT software products business, had posted a profit of Rs 20.83 crore in the same quarter a year ago. It had profit of Rs 30 crore in the March quarter.
Income from operations increased 28% at Rs 244 crore in the June quarter against Rs 191 crore in the corresponding quarter of previous fiscal.
EBITDA (earnings before interest, tax, depreciation and amortization) margins expanded by 300 basis points at 23% in the June quarter against 19.8% in the year-ago's corresponding quarter.
The stock touched a record high of Rs 1,616 on the NSE and has seen an over three-fold jump in trading volumes. Till 02:25pm, a combined 4.39 million shares changed hands on the counter on the NSE and BSE.
Contact us Here:
PRAGMATIC WEALTH MANAGEMENT PVT. LTD.
Head
Office:
102,
1st Floor, Topaz Society,
Dr.
Nair Road, Agripada, Mumbai Central (E), Mumbai 400011
Tel: +91-8108178683
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