AGRO TECH FOODS has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Sep-18* | 3 Jun-19* | 3 Sep-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 2,109 | 1,976 | 2,046 | 3.5% | -3.0% |
Other income | Rs m | 8 | 11 | 11 | 4.6% | 46.8% |
Turnover | Rs m | 2,117 | 1,987 | 2,057 | 3.5% | -2.8% |
Expenses | Rs m | 1,931 | 1,830 | 1,860 | 1.6% | -3.7% |
Gross profit | Rs m | 178 | 146 | 186 | 27.3% | 4.4% |
Depreciation | Rs m | 45 | 46 | 49 | 6.6% | 8.0% |
Interest | Rs m | 0 | 5 | 5 | 0.0% | 4400.0% |
Profit before tax | Rs m | 141 | 107 | 144 | 35.0% | 2.5% |
Tax | Rs m | 50 | 37 | -10 | -127.0% | -119.8% |
Profit after tax | Rs m | 91 | 70 | 154 | 119.5% | 69.7% |
Gross profit margin | % | 8.4 | 7.4 | 9.1 | ||
Effective tax rate | % | 35.5 | 34.3 | -6.9 | ||
Net profit margin | % | 4.3 | 3.5 | 7.5 |
To see how AGRO TECH FOODS has performed over the last eight quarters,please visit here.
Get Details: We are Bullish on These 3 Little-known Stocks
Over the last one year,AGRO TECH FOODS share price has moved up from Rs 525.0 to Rs 612.7, registering a Gain of Rs 87.7 or around 16.7%.
Overall, the S&P BSE SENSEX is up 14.6% over the year.
At the current price of Rs 612.7, the price to earnings (P/E) ratio of AGRO TECH FOODS stands at 36.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.4 times.
For the quarter ended December 2019, AGRO TECH FOODS has posted a net profit of Rs 75 m (down 24.8% YoY). Sales on the other hand came in at Rs 2 bn (up 6.2% YoY). Read on for a complete analysis of AGRO TECH FOODS's quarterly results.
Does the company with one of the fastest-growing QSR chains in India have sound prospects?
For the quarter ended June 2019, AGRO TECH FOODS has posted a net profit of Rs 70 m (up 7.8% YoY). Sales on the other hand came in at Rs 2 bn (up 0.3% YoY). Read on for a complete analysis of AGRO TECH FOODS's quarterly results.
More Views on NewsWere you shocked that bullion prices hit lower circuits on Friday on the MCX? Find out why it happened...
In this video, I'll show you why it might be the right time to take money of the table in pharma stocks.
Our ace stock picker is ready to capitalise on a big growth opportunity.
The pandemic failed to thwart Richa's investing success formula for 2020.
More
| |
Equitymaster requests your view! Post a comment on "AGRO TECH FOODS Announces Quarterly Results (2QFY20); Net Profit Up 69.7%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!