Rajoo Engineers Ltd.

NSE: RAJOOENG | BSE: 522257 | ISIN: INE535F01024 |Industry: Industrial Machinery
|Mid-range Performer
9.05 0.27 (3.08%)
BSE Oct 19, 2020 15:31 PM
Volume: 16,220
 

Rajoo Engineers Ltd.    
14 Nov 2017
9.05
3.08%
Khambatta Securities
Rajoo Engineers Ltd (Rajoo or the Company) reported tepid financial result for 2Q FY18. The total revenue of the Company was flat at Rs 274 mn Y-o-Y (Rs 272 mn), whereas Q-o-Q the revenue increased more than 2 fold (Rs 126 mn). The revenue was low for 1Q FY18 due to GST impact. The sales have picked up since then and the management foresee substantial potential. The Company has robust order book, executable in next 9 to 12 months. EBITDA for the quarter increased by 22.8% Y-o-Y to Rs 45 mn (Rs 37...
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