MODIS Q2 : CONS NET PROFIT UP 100.9% AT 10.46 CR (YOY), UP 21.9% (QOQ). STRONG (ON 1ST LOOK)

Revenue up 83.3% at 69.38 Cr (YOY), up 19.1% (QOQ). Ebitda up 143.8% at 14.54 Cr (YOY); margins 20.97% v 15.77% (YOY), 20.0% (QOQ). Finance costs at 1.16 Cr v 0.02 Cr (YOY); EPS 5.34 v 2.66. H1 revenue 127.64 Cr with net profit 19.04 Cr.

Modis Navnirman Limited

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