SUMEETINDS Q2 : STANDALONE NET PROFIT DOWN 55.3% AT ₹4.40 CR (YOY), UP 285% (QOQ). MIX (ON 1ST LOOK)

Revenue up 35.2% at ₹364.18 Cr (YOY), up 33.7% (QOQ). Ebitda at ₹12.17 Cr; margins 3.3% v 6.0% (YOY), 3.2% (QOQ). Finance costs at ₹2.20 Cr; depreciation at ₹4.92 Cr. Right issue of ₹199.75 Cr subscribed 2.5x; ₹60 Cr unutilised held in fixed deposits. Wholly owned subsidiary SSCL acquired Phase-3 chips plant of Nakoda Ltd (in liquidation) via IBC.

Sumeet Industries Limited

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