Cantabil Retail India zooms on reporting over 2-fold jump in Q4 net profit
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Cantabil Retail India is currently trading at Rs. 1049.65, up by 52.55 points or 5.27% from its previous closing of Rs. 997.10 on the BSE.
The scrip opened at Rs. 1007.70 and has touched a high and low of Rs. 1060.00 and Rs. 1004.65 respectively. So far 3608 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1595.00 on 09-Sep-2022 and a 52 week low of Rs. 800.50 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1060.00 and Rs. 939.00 respectively. The current market cap of the company is Rs. 1709.34 crore.
The promoters holding in the company stood at 74.97%, while Non-Institutions held 25.03%.
Cantabil Retail India has reported over 2-fold jump in its net profit at Rs 16.88 crore for fourth quarter ended March 31, 2023 as compared to Rs 8.12 crore for the same quarter in the previous year. Total income of the company increased by 28.35% at Rs 173.91 crore for Q4FY23 as compared to Rs 135.50 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 76.67% rise in its net profit at Rs 67.24 crore as compared to Rs 38.06 crore for the previous year. Total income of the company increased by 39.48% at Rs 556.13 crore for year under review as compared to Rs 398.72 crore for year ended March 31, 2022.
