As expected Avon Corporation Ltd comes up with very good numbers for Q2FY11:
As mentioned earlier no one would be able to stop the scrip from becoming Rs.11-12 in the next few months. Its production capacity has already tripled in FY11 as compared to FY09:
As mentioned earlier no one would be able to stop the scrip from becoming Rs.11-12 in the next few months. Its production capacity has already tripled in FY11 as compared to FY09:
The total income of the company for Q2FY11 came out to be Rs.58.58 Cr as against Rs.27.39 Cr in the same period previous year. Profit from operations before other income, interest and exceptional items jumped to Rs.8.73 Cr as against Rs.1.96 Cr in the same period previous year. The PBT for the company for Q2FY11, came out to be Rs.7.33 Cr as against Rs.1.89 Cr in the same period previous year.
The net profit of the company for Q2FY11 came out to be whooping Rs.7.32 Cr as against Rs.1.81 Cr in the same period previous year. The EPS of the company shot up to Rs.1.13 in Q2FY11 as against Re.0.28 in the same period previous year.
Thus net sales of the company in Q2FY11 has shown a growth of 76.65% as compared to Q2FY10. In the same way the PBT increased by 137.49% and PAT increased by 163.19% when compared on Q-o-Q basis.
The net profit of the company for Q2FY11 came out to be whooping Rs.7.32 Cr as against Rs.1.81 Cr in the same period previous year. The EPS of the company shot up to Rs.1.13 in Q2FY11 as against Re.0.28 in the same period previous year.
Thus net sales of the company in Q2FY11 has shown a growth of 76.65% as compared to Q2FY10. In the same way the PBT increased by 137.49% and PAT increased by 163.19% when compared on Q-o-Q basis.
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