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This Article is From Nov 13, 2020

Dolat Capital: Suprajit EngineeringĀ  Firing On All Cylinders, Delivers Standout Q2 Ā 

Dolat Capital: Suprajit Engineering  Firing On All Cylinders, Delivers Standout Q2   
A worker fits a rear lighting assembly on the production line. (Photographer Angel Navarrete/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Suprajit Engineering Ltd. displayed strong all-round performance in Q2 FY21.

Revenue grew by 11% YoY Rs 4.4 billion led by strong growth in Phoenix lighting (14% YoY) and automotive able division (12% YoY).

Ebitda grew by 31% YoY to Rs 735 million. Margin expanded by 258 basis points YoY to 16.6% led by high aftermarket and export revenue along with various cost control initiatives.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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