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(India) Ltd shares rallied as much as 6.34% on Friday after the company posted a robust set of Q4 results. The stock hit an intraday high of Rs 985 on the NSE.
The company reported a consolidated net profit of Rs 565.7 crore for the January-March quarter, marking a 22% year-on-year jump from Rs 463.3 crore in the same period last year.
Revenue from operations grew 16% to Rs 869 crore from Rs 750 crore, while EBITDA rose 34% to Rs 333 crore compared to Rs 248 crore. EBITDA margin expanded significantly to 38.3% from 33.1%, reflecting improved operational efficiency.
Analysts see the strong performance, led by its core businesses including ***** as a positive sign amid steady demand in the recruitment and education sectors.#WatchOutFor#StockInNews#MacroViews
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