Indo Count Industries Ltd.

NSE: ICIL | BSE: 521016 | ISIN: INE483B01026 | Industry: Textiles
| Mid-range Performer

284.48
-2.94%
Karvy
Weak Q3FY17; Capacity Expansion is as Per Schedule: Weak Q3FY17, margins declined by 213bps QoQ - Indo Count recorded revenueof Rs. 5029 Mn with a de-growth of 12.7% QoQ. EBITDA stood at Rs. 1020 Mn with a decline of 12.4% and the EBITDA margins stood at 20.3% with a dip of 213 bps QoQ. As a result of the topline and margin decline, Indo Count reported PAT ofRs. 562 Mn with a drop of 10.4% against Q2FY17.
Indo Count Industrie.. has an average target of 450.00 from 1 broker.
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