ATV PROJECTS Q2 : STANDALONE NET PROFIT UP 320% AT ₹6.20 CR (YOY), UP 205% (QOQ). MIX (ON 1ST LOOK)

• Revenue up 14.7% at ₹16.00 Cr YoY, down 22.4% QoQ. • Profit before exceptional items and tax up 43.7% at ₹2.11 Cr YoY, up 4.8% QoQ. • Exceptional item ₹4.07 Cr from land sale under consortium MOU with Shri Vrinda Infracom. • EPS ₹1.17 vs ₹0.28 YoY and ₹0.38 QoQ. • Caution: PAT includes one-time exceptional income, so headline growth is not like-for-like. Impact: headline PAT growth is not like-for-like due to one-time exceptional income.

ATV Projects India Ltd

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