While net sales remained at earlier levels, operating profits grew by 35 per cent YoY. The company has a presence in industrial chemicals, specialty retailing and agri-business. Its chemicals business, which contributed almost 60 per cent to its Q3 revenues, grew by 22 per cent YoY in Q3FY10 on the back of strengthening chemical prices and increasing volumes across all chemical products.
It has also had the highest interest coverage ratio in our group.
Amtek India
This auto ancillary company has improved its sales and operating profit margins for the past two quarters, and figured in our other stock screening as well. The company trades at a P/B ratio of 0.51.
Posts
![[ Registered ]](http://www.diarist.net/registry/button.gif){kind=small}
No comments:
Post a Comment