ABG Shipyard Q1FY 2013 Total Income Increases By 22%
By Anuja Abraham
ABG Shipyard Limited, the country’s largest private ship building company announced 22% increase in Total Income to Rs. 640.64 crore for the quarter-ended June 30, 2012, on the back of strong order execution by the Company as against Rs. 525.13 crore in the same period of last fiscal.
Net Profit in Q1FY13 increased 3.12% to Rs. 41.31 crore as against Rs. 40.06 crore in the corresponding period of the previous year. EBIDTA increased by 35.56% and stood at Rs. 166.26 crore for the quarter.
Earnings per share (EPS) for Q1FY13 stood at Rs 8.11 as against Rs 7.87 in corresponding quarter in the previous year.
The total order book stands at approximately Rs. 16500 crore as on 30th June 2012.