Capacite Infraprojects’ Q2 net profit surges 81%

Capacite Infraprojects’ Q2 net profit surges 81%
10/11/2017 , by , in News/Views

Capacite Infraprojects has reported a 81% rise in its net standalone profit for the September quarter to Rs 17.59 crore, compared with Rs 9.72 crore profit in the year-ago period. Total Income for H1 FY18 grew by 16.1% to Rs. 596 Crores as compared to Rs. 513 Crores in H1FY17.

Revenue from operations for the company increased to Rs 322.22 crore in the July to September quarter, against Rs 216.97 crore in the same period last year. Cash PAT for H1 FY18 grew by 12.4% to Rs. 64 Crores as compared to Rs. 57 Crores in H1 FY17. Cash EPS for H1 FY18 stood at Rs. 13.66 per equity share.

The company informed that the Gross Debt/Equity ratio at the end of September 30, 2017 stood at 0.19x. The cash & bank balance stood at Rs. 375 Crores as at the end of September 30, 2017. The Net working capital days stood at 62 days. Net cash flow from operating activities stood at Rs. 56 crores in H1 FY 18. Company’s orderbook as at end of September 30, 2017 stood at Rs. 4,705 Crores.

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