Pokarna Ltd. News and Updates

Name: Latest research reports of Pokarna Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Pokarna Ltd.
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Author: ICICI Securities Limited

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Pokarna Ltd.

05 Feb 2019

815.50

-0.52%

Pokarna Ltd

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ICICI Securities Limited

Pokarna posted good Q3FY19 results given the robust performance in its quartz business. The topline grew 36.1% YoY to | 119.6 crore on account of 79.9% YoY growth in Quartz revenues to | 84.3 crore in Q3FY19. The EBITDA margin expanded 209 bps YoY to 36.1% mainly on account of a better product mix in its quartz portfolio and expansion in EBITDA margin of granite business (29.6% in Q3FY19 vs. 27.8% in Q3FY18). Consequently, the bottomline grew 86.8% YoY to | 27.1 crore led by...

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