Pratibha Industries, the infrastructure firm had reported a consolidated net loss of Rs 30.15 crores for the quarter ended 30th June 2016 due to a decline in income. Earlier the Company reported net profit of Rs 16.45 crores for the same quarter of 2015-16, it announced in a regulatory filing to the exchanges.
Pratibha Industries share price slipped as much as 4.89 per cent in morning trade on NSE on Monday. The share price opened at Rs 21.40, from a previous closing of 22.50. A total of 32,639 shares of the Company have exchanged hands on the counter of NSE amounting to a total of Rs 6.98 lacs. The 52 week high of the share is Rs 51.00 made on 21st December 2015 and the 52 week low of the share is Rs 17.40 made on 17th August 2016.
Pratibha Industries, which is the flagship company of Pratibha group, is engaged in urban infrastructure development. The total income for the quarter declined to Rs 694.86 crores from Rs 826.11 crores reported for the year-ago period. The P/E Ratio of the Company is 7.56. The Market Cap is Rs 227.37 crores and the Promoter holding pledged is 5.81.
Pratibha Industries Limited (PIL) is dedicated and committed to providing the society at large with quality infrastructure in its field of expertise which currently include design, engineering and execution/construction of complex & integrated water transmission & distribution projects, water treatment plants, elevated as well as underground reservoirs, mass housing projects, commercial complexes, pre-cast design & construction, road construction and real estate.
No comments:
Post a Comment