Chambal Fertilizers and Chemicals reported better-than-expected topline and
bottomline numbers but disappointed at operating level. Net profit grew by 19.5
percent year-on-year to Rs 109.5 crore in the second quarter of current
financial year.
Total income rose by 42.6 percent to Rs 2,340.7 crore from
Rs 1,641 crore during the same period.
Analysts on an average had expected net profit of Rs 93
crore on total income of Rs 1,859 crore for the quarter.
Earnings before interest, tax, depreciation and amortization
(EBITDA) increased 2.9 percent Yoyo to Rs 195 crore while analysts had
estimated at Rs 217 crore for the quarter.
EBITDA margin fell significantly to 8.3 percent in the three
months period ended September 2012 as against 11.5 percent in a year ago period
and analysts' forecast of 12 percent.
At 13:36 hours IST, the stock rose 1.4 percent to Rs 68.50
on the Bombay Stock Exchange.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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