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Capacit’e Infraprojects shares hit fresh 52-week low post Q4 results

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Share price of Capacit’e Infraprojects plunged over 5 per cent and scaled their fresh 52-week low of Rs 287.40 on Monday after the company on Friday, post market hours, reported 16.27 per cent year-on-year fall in net profit at Rs 22.38 crore for the quarter ended March 2018.

It had posted a net profit of Rs 26.73 crore in the corresponding quarter last year. The scrip was trading 6.64 per cent down at Rs 310.50 on BSE at around 9.42 am (IST). Total income of the company increased to Rs 389.75 crore in Q4FY18 over Rs 306.81 crore in Q4FY17. Shares of the company had scaled fresh 52-week high of Rs 437.40 on December 4, 2017 and fresh 52-week low of Rs 287.40 on May 21, 2018. EBITDA of the company declined 2 per cent to Rs 71.30 crore during the quarter under review against Rs 72.80 in the same period last year. EBITDA margin declined to 18.30 per cent for the quarter ended March 2018 against 23.70 per cent in the corresponding quarter last year.




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