Sales increased from 70.2 cr to 79.1cr YoY and Profits Surged from 3.25cr to 5.15 numbers.
Very good results. No worries here.
Sales almost flat with negative bias with sales at 60.2 cr down marginally from 61cr YoY. Operating profits up from 4.8 cr to 5.63cr YoY. Though net profits were down from 9.87cr to 3.67cr but its because of exceptional items last year. Valuations are very attractive here at the moment.
Consolidated sales are flat with positive bias with it rising from 15.32cr to 15.59cr and bottomline plunging to red with .85cr. Though more importantly the standalone business improved. Topline increased from 9.1cr to 10.2cr though net profits halved YoY. Last year, other income for the quarter was pretty high, so do take into account that. Even operationally though YoY, this quarter profits decreased from .85cr to .57 cr, it was on account of higher employee cost and depreciation. Also, important to note, is that company has turned around from losses to profits this quarter (QoQ). Encouraging results so keep hanging around.
Sales increased from 25.01cr to 26.83cr YoY and net profits increased from .64cr to 1.7cr. The results are extremely good. Keep riding on. Some company insiders keep selling, but considering such high stake of promoters and quality of business, do not see it as a concern at the moment.
Garware Wall Ropes
The following link says it all -> http://www.bseindia.com/xml-data/corpfiling/AttachLive/Garware_Wall_Ropes_Ltd_060215_Rst2.pdf. Results are very good the company is very good. The stock sell-off post results is surely a punters game. If you are invested, hold on tight and don’t watch the screen for a few weeks. The company is very good. All declines should be used to add.
The Following link says it all -> http://www.bseindia.com/xml-data/corpfiling/AttachHis/SKS_Microfinance_Ltd2_290115.pdf . Keep on riding here.