8K Miles surges over 9% on strong Q3 results
At 10:00 a.m.; the stock was at Rs 764, up 2.69 per cent, on the BSE. It rallied 9.5 per cent to touch a high of Rs 815 in trade today.
By ET Online | Updated:
MUMBAI:Shares of 8K Miles Software Services surged over 9 per cent, a day after the company reported strong results for quarter ended December 2014.
The company reported a net profit of Rs 5.4 crore, up 30 per cent, from Rs 4.1 crore in previous quarter.
Revenues surged up 27.3 per cent to Rs 34.5 crore from Rs 27.1 crore, a quarter ago.
8K Miles’ EBITDA rose to Rs 10.8 crore, up 27 per cent, from Rs 8.5 crore.
At 10:00 a.m.; the stock was at Rs 764, up 2.69 per cent, on the BSE. It rallied 9.5 per cent to touch a high of Rs 815 in trade today.
The company reported a net profit of Rs 5.4 crore, up 30 per cent, from Rs 4.1 crore in previous quarter.
Revenues surged up 27.3 per cent to Rs 34.5 crore from Rs 27.1 crore, a quarter ago.
8K Miles’ EBITDA rose to Rs 10.8 crore, up 27 per cent, from Rs 8.5 crore.
At 10:00 a.m.; the stock was at Rs 764, up 2.69 per cent, on the BSE. It rallied 9.5 per cent to touch a high of Rs 815 in trade today.
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