Ircon has announced interim Dividend of Rs.13.45 and Split of share from Rs.10 paid up to Rs.2 paid up
*Ircon International Ltd.* | *CMP* Rs. 445 | *M Cap* Rs. 4187 Cr | *52 W H/L* 498/333
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 1211 Cr (-2.1% QoQ, -3.3% YoY) vs QoQ Rs. 1237.4 Cr, YoY Rs. 1251.7 Cr
EBIDTA came at Rs. 153.5 Cr (27.9% QoQ, 13% YoY) vs QoQ Rs. 120.1 Cr, YoY Rs. 135.9 Cr
EBITDA Margin came at 12.7% vs QoQ 9.7%, YoY 10.9%
Adj. PAT came at Rs. 142.4 Cr vs QoQ Rs. 82.8 Cr, YoY Rs. 93.4 Cr
Quarter EPS is Rs. 15.1
Share is trading at P/E of 8.9x TTM EPS