SREELEATHERS LIMITED - RESULTS FOR THE SECOND QUARTER ENDED SEP'2017 - Q2-FY 2017-18

SREELEATHERS

 LIMITED

RESULTS FOR THE

SECOND QUARTER ENDED SEP'2017

Q2-FY 2017-18

The results of SREELEATHERS Limited for the second quarter ended Sep'2017 are placed here under.

In the current quarter,   Net Sales have GONE UP by 52% YoY and Net Profits have gone UP by 41%. PE on annualized basis stands at 29.8.

Declaration : This does not constitute a Buy/Sell/Hold Recommendation.

SREELEATHERS	Sep '17	Jun '17	Mar '17	Dec '16	Sep '16	YOY
Net Sales	43.26	31.63	26.41	23.34	28.47	51.95
Purchase of Traded Goods	32.24	21.47	18.96	16.45	20.93	54.04
Increase in Stocks	-1.7	1.12	-0.42	0.18	-1.22	39.34
Employees Cost	0.68	0.77	0.81	0.69	0.52	30.77
Depreciation	0.31	0.31	0.31	0.31	0.31	0
Admin. And Selling Expenses	--	--	0.19	0.93	0.98
Other Expenses	2.2	1.36	0.96	0.75	0.95	131.58
P/L Before Other Inc. , Int., Excpt. Items & Tax	9.52	6.6	5.61	4.03	6	58.67
Other Income	0.19	0.11	0.18	0.12	0.9	-78.89
P/L Before Int., Excpt. Items & Tax	9.71	6.71	5.79	4.16	6.9	40.72
Interest	0.03	0.05	0.08	0.06	0.06	-50
P B T	9.68	6.66	5.71	4.1	6.84	41.52
Tax	3.28	2.36	1.89	1.53	2.31	41.99
Net Profit	6.41	4.31	3.81	2.57	4.54	41.19
Equity	25.16	25.16	25.16	25.16	25.16	0
Reserves Excluding Revaluation Reserves	228.79	--	195.41	191.59	189.02	21.04
Basic EPS	2.55	1.71	1.52	1.02	1.8	41.67
Diluted EPS	2.55	1.71	1.52	1.02	1.8	41.67
Public Share Holding
No Of Shares (Crores)	0.89	--	0.91	0.91	0.91
Share Holding (%)	35.45	--	36.21	36.21	36.21
MP	304
PE	29.80

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