*Indo Count Industries Ltd.* | *CMP* Rs. 272 | *M Cap* Rs. 5369 Cr | *52 W H/L* 315/113
(Nirmal Bang Retail Research)
*Result has declined*
Revenue from Operations came at Rs. 766.9 Cr (1% QoQ, 5.9% YoY) vs QoQ Rs. 759.2 Cr, YoY Rs. 724.1 Cr
EBIDTA came at Rs. 111 Cr (-37.5% QoQ, -12.5% YoY) vs QoQ Rs. 177.8 Cr, YoY Rs. 126.8 Cr
EBITDA Margin came at 14.5% vs QoQ 23.4%, YoY 17.5%
Adj. PAT came at Rs. 84.9 Cr vs QoQ Rs. 117.4 Cr, YoY Rs. 85.4 Cr
Quarter EPS is Rs. 4.3
Share is trading at P/E of 14.4x FY23E EPS