Sequent Scientific on Tuesday, February 11 reported its third quarter earnings.
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Its net profit slid 58.5% to ₹3.4 crore. In the December quarter last fiscal, the company had reported a net profit of ₹8.2 crore.
The company’s revenue gained 18.7% to ₹390.8 crore against last year’s ₹329.3 crore.
Its earnings before interest, tax, depreciation and amortisation (EBITDA) were up 56% from ₹22.2 crore last year to ₹34.6 crore in the third quarter this fiscal.Its margin expanded to 8.9% against last year’s 6.7%.
Sequent Scientific shares were trading 4.2% lower at 150.01 apiece at 1.30 pm on Tuesday, February 11. The stock has gained 18.4% in the past year.
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