Friday 20 January 2017

HBL Power Share Price Up On Good Q2 Numbers

HBL Power share price rose almost 5 per cent intraday after the company’s Q2 net profit rose by 63.2 per cent at Rs 9.31 cr as compared to Rs 5.52 cr in the last quarter. The company's EBITDA rose 4.1 per cent at Rs 35.4 cr and EBITDA margin was at 9.4 per cent. For the quarter ended 30-09-2016 (Q2), the company has reported Standalone sales of Rs 376.86 Cr., up 13.64 from last quarter Sales of Rs 331.63 Cr. and up 20.37 from last year same quarter Sales of Rs 313.10 Cr. 

Company has reported net profit after tax (PAT) of Rs 9.31 Cr. in latest quarter. At 12:18 pm, HBL Power share price was trading 4.83 per cent higher on the NSE today. HBL Power Systems Limited, incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 1022.12 Cr) operating in Electric Equipment sector.

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