Company News
Aksh Optifibre recorded highest ever quarterly turnover and profitability
Aksh Optifibre Limited has reported its Q2 and half year FY19 financial results. The company reported its all-time highest quarterly financial performance for Q2 FY2019. During the quarter gone by the company achieved its all-time highest quarterly turnover along with all-time highest net profit. EBITDA margins for the company stood at 23 percent, as against 11 percent in the corresponding quarter of previous year. Profit after tax at Rs 17 crore reported a significant increase of 237 percent as against Rs 5 crore in the corresponding quarter in the previous year.
Standalone Financial Results
(Rs Cr.)
Particulars |
Q2í19 |
Q1í19 |
Q2í18 |
QoQ |
YoY |
H1í19 |
H1í18 |
YoY |
Total income |
178 |
141 |
145 |
26% |
22% |
319 |
268 |
19% |
EBITDA |
40 |
32 |
16 |
27% |
147% |
72 |
28 |
156% |
EBITDA Margin |
23% |
23% |
11% |
ñ |
ñ |
23% |
11% |
|
PAT |
17 |
13 |
5 |
30% |
237% |
30 |
7 |
319% |
PAT Margin |
10% |
9% |
3% |
ñ |
ñ |
9% |
3% |
ñ |
EPS (Rs/Share) |
1.04 |
0.80 |
0.31 |
30% |
235% |
1.84 |
0.44 |
319% |
The company has successfully commissioned its FRP manufacturing facilities in China. With this, the company is on the verge of completing all its announced CapEx, except Dubai optical fiber plant, which is also due to get completed within the stipulated timeframe.
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