Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Endurance Technologies Ltd announces results for Q4 FY18

Posted On: 2018-05-16 10:27:14

The Board of Directors of Endurance Technoiogies Limited today approved the audited financial results for the quarter and year ended 31st March 2018.

Performance Highlights [for FY 2017-18]:

- Consolidated Total Income including other income (excluding Excise Duty) grew by 16.8% to INR 65,617 million vs INR 56/199 million.

- 71% of Consoiidated Total Income induding other income came from Indian operations and balance 29% came from European operations.

- Standalone Total Income including other income grew by 19.7% to INR 46/595 million vs INR 38/924 million.

- Consolidated EBITDA Margin improved to 14.5% from 14.0%.

- Consolidated PAT (before OCI) grew by 18.3% to INR 3/908 miliion vs INR 3/303 miliion,

- Aftermarket sales from Indian operations grew by 13.8% to INR 2,415 million vs INR 2,122 million.

- Exports from India grew by 30,9% to INR 2,198 million from Rs. 1/679 million.

- Consolidated Basic and Diluted EPS stood at INR 27.78 per share compared to INR 23.48 per share in the previous financial year.

Commenting on the Company's performance, Mr. Anurang Jain/ Managing Director of the Company said: "Growth in sales of two-wheelers in India has been very robust - both for scooters and motorcycles. Also, three-wheeler volumes have recorded a sharp growth. Our revenues have grown faster than the market volumes/ both in India and Europe. This is a reflection of the continued trust reposed by our customers in our ability to play a key rofe in their supply chain.

Despite exceptional cost of Rs. 269 mn. related to implementation of voluntary separation scheme that we incurred in Q3 of this year / our annual PAT margin has improved over last year / both at standalone and consolidated level.

The Board of Directors has reviewed the Company's financial performance for the fiscal year and has recommended dividend of Rs. 4 per equity share of face value of Rs. 10 each."

Shares of Endurance Technologies Ltd was last trading in BSE at Rs.1155 as compared to the previous close of Rs. 1184.45. The total number of shares traded during the day was 3542 in over 482 trades.

The stock hit an intraday high of Rs. 1197.95 and intraday low of 1140. The net turnover during the day was Rs. 4146868.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Hindustan Unilever announces results for the Quarter ending 30th June 2018

Ramco Industries Ltd board to announce Q1 results on Aug 2, 2018

Bharat Dynamics Ltd secures export order worth USD 14.33 million

NBCC India Ltd receives order worht approx Rs. 400 crores

Schaeffler India Ltd calls for board meeting on July 26, 2018

Aster DM Healthcare Ltd calls for board meeting on Aug 14, 2018

PVR Ltd board to approve first quarter results on July 25, 2018

Thermax Ltd board to announce 1st quarter results on Aug 8, 2018

Atishay Limited gets order from Election Commission, Maharashtra

Zydus receives final approval from the USFDA for Clindamycin Phosphate Topical Solution USP

Bank of Baroda to approve first quarter results on July 27, 2018

Super Spinning Mills Ltd calls for board meeting on July 28, 2018

Ultramarine & Pigments Ltd board to announce 1st quarter results on Aug 6, 2018

Steel Strips Wheels Ltd gets 18,000 wheels order from European aftermarket

Sanofi India Ltd board to consider Q2 results on July 25, 2018

PPAP Automotive Limited calls for board meeting on Aug 2, 2018

L&T Hydrocarbon Engineering Wins Significant Order for Cracker Furnace Project

Parag Milk Foods Launches unique variant in cheese 'Go Chocolate Cheese'

Glenmark Pharmaceuticals receives ANDA approval for generic version of Welchol

Sintex Plastics Technology Ltd reports lower Q1 PAT of Rs. 37.53 crores

Jay Bharat Maruti Ltd Q1 net profit up at Rs. 13.44 crores

Hindustan Unilever Ltd Q1 net profit rises to Rs. 1529 crores

Smruthi Organics Ltd Q1 PAT surges to Rs. 2.18 crores

Opto Circuits India Ltd posts net profit of Rs. 13.03 crores in Q1

Hindustan Zinc Ltd board to announce Q1 results on July 23, 2018

Eveready Industries India Ltd calls for board meeting on July 26, 2018

Supreme Industries Ltd board consider first quarter results on July 31, 2018

Neuland Laboratories Ltd board to approve 1st quarter results on Aug 10, 2018

Tata Motors Ltd board to announce Q1 results on July 31, 2018

TeamLease Services Ltd calls for board meeting on July 24, 2018

Jenburkt Pharmaceuticals Ltd board to approve 1st quarter results on July 31, 2018

National Fertilizers Ltd board to announce Q1 results on Aug 3, 2018

Swaraj Engines Ltd board to consider first quarter results on July 30, 2018

BEML signd MoU with L&T to address the indigenisation needs of Indian Defence Market

Vedanta Limited calls for Board Meeting On July 31, 2018

Mahanagar Gas Ltd board to announce Q1 results on July 31, 2018

KSB Pumps Ltd calls for board meeting on July 24, 2018

Speciality Restaurants Ltd opens bakery at Kolkata

HCL Infosystems Ltd board to announce Q1 results on July 25, 2018

DBL Bellary Byrapura Highways Pvt Ltd signs concession agreement with NHAI

Pidilite unveils a state-of-the-art adhesive manufacturing plant in Srilanka

Oriental Carbon & Chemicals Ltd starts commercial production of phase 2 at Mundra SEZ

Endurance Technologies Ltd calls for board meeting on Aug 10, 2018

Huhtamaki PPL Limited board to announce Q2 results on July 31, 2018

UNO MINDA Group strengthens its association with Kosei, Japan

Automobile Corporation of Goa Ltd calls for board meeting on July 28, 2018

Heidelberg Cement India Ltd board to approve 1st quarter results on July 26, 2018

Otco International Ltd board to announce Q1 results on July 27, 2018

SCI board to consider first quarter results on Aug 3, 2018

Amrit Corp Ltd calls for board meeting on Aug 2, 2018





Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018