Q2 profit rises 64%, but operating cash outflow widens

Revenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+2.3%Reaction day

₹239.40

prior close

₹244.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%+4.6% vs market

Civil Construction peers, median of 93sector-2.8%+5.1% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 5.1 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.1

10m

-2.1

15m

-2.2

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.3-2.3+4.6-2.8+5.1

Next day

-2.7-1.9-0.7-2.5-0.2

-2.3-0.2-2.0-1.0-1.2

-3.9-0.2-3.8-1.3-2.7

-1.0+0.5-1.5-0.6-0.4

+0.1pendingpending-2.1+2.2

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15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 93Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved unaudited Q2 and half-year results. Standalone Q2 revenue rose 63.3% year on year to Rs 300.08 crore, while profit after tax rose 63.8% to Rs 18.38 crore. Half-year revenue and profit were Rs 518.68 crore and Rs 29.64 crore. Operating cash outflow widened to Rs 244.37 crore from Rs 152.52 crore. Salim Yahoo became chief financial officer, and independent director Ravi Kumar Seth resigned.

Likely market impact

Strong profit growth may help the stock, but the large operating cash outflow and higher short-term borrowings raise liquidity risk.