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Atlanta rises on reporting 64% jump in Q4 net profit

16 May 2017 Evaluate

Atlanta is currently trading at Rs. 118.00, up by 0.45 points or 0.38% from its previous closing of Rs. 117.55 on the BSE.

The scrip opened at Rs. 118.00 and has touched a high and low of Rs. 119.00 and Rs. 115.50 respectively. So far 49915 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 120.50 on 16-May-2017 and a 52 week low of Rs. 31.00 on 17-May-2016.

Last one week high and low of the scrip stood at Rs. 120.50 and Rs. 111.00 respectively. The current market cap of the company is Rs. 965.78 crore.

The promoters holding in the company stood at 70.86%, while institutions and non-institutions held 3.01% and 26.14% respectively.

Atlanta has reported a jump of 64.15% in its net profit after taxes, minority interest and share of profit of associates at Rs 21.58 crore for the quarter ended March 31, 2017 as compared to Rs 13.15 crore for the same quarter in the previous year. However, total income from operation of the company decreased by 8.01% at Rs 76.44 crore for quarter under review as compared to Rs 83.09 crore for the quarter ended March 31, 2016. 

For the year ended March 31, 2017, the company has posted over 24-fold jump in its net profit at Rs 82.44 crore as compared to Rs 3.34 crore in FY16. Total income of company increased by 65.21% at Rs 224.48 crore for year under review as compared to Rs 135.87 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted net profit at Rs 57.23 crore as compared to net loss of Rs 39.52 crore in FY16. Total income of company increased by 59.94% at Rs 254.77 crore for year under review as compared to Rs 159.28 crore for the year ended March 31, 2016.

Atlantaa Share Price

42.33 2.15 (5.35%)
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