*Ircon International Ltd.* | *CMP* Rs. 49 | *M Cap* Rs. 4590 Cr | *52 W H/L* 54/37
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 1523.2 Cr (33.6% QoQ, 46.4% YoY) vs QoQ Rs. 1140.1 Cr, YoY Rs. 1040.4 Cr
EBIDTA came at Rs. 139.2 Cr (29.4% QoQ, 34.1% YoY) vs QoQ Rs. 107.6 Cr, YoY Rs. 103.8 Cr
EBITDA Margin came at 9.1% vs QoQ 9.4%, YoY 10%
Adj. PAT came at Rs. 125.9 Cr vs QoQ Rs. 89 Cr, YoY Rs. 84.1 Cr
Quarter EPS is Rs. 1.3
Share is trading at P/E of 9.4x TTM EPs