Half-year revenue rises 20%, but profit falls 8%
ATGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts more than Nifty Midcap 150 and 0.8 pts more than its LPG/CNG/PNG/LNG Supplier peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Consolidated September quarter revenue was Rs 1,576.38 crore, up 19.6% year on year, but profit after tax fell 11.9% to Rs 163.49 crore. April to September revenue rose 20.2% to Rs 3,074.70 crore, while profit fell 8.0% to Rs 328.73 crore. Operating cash flow was Rs 460.29 crore. The auditor's review was clean. K. Jairaj was appointed an additional independent director for three years, pending shareholder approval.
Revenue growth is positive, but lower profit and weaker margins may weigh on stock sentiment despite operating cash flow staying positive.