Granules India and Datamatics have presented their quarterly results. While Granules India has done well in Q3, Datamatics is seeing a 70 per cent increase in profits. Let us know how the results of these two companies in Q3.
Granules India Q3
The company reported a profit of Rs 146.8 crore in the third quarter of FY 2021 compared to Rs 64 crore in the same quarter last year.
The company’s revenue grew 20 per cent year-on-year to Rs 844.5 crore in the third quarter, from Rs 704 crore in the same quarter last year.
The company’s EBITDA in the third quarter increased by 29.7 per cent year-on-year to Rs 211.5 crore as against Rs 163.1 crore in the same quarter last year. At the same time, EBITDA Margin has increased from 23.2 percent to 25.1 percent.
Datamatics Q3
The company’s profit in the third quarter increased by 70 per cent year-on-year to Rs 22.1 crore compared to Rs 13.1 crore in the same quarter last year.
The company’s revenue in the third quarter of FY 2021 declined by 1 per cent year-on-year to Rs 303 crore as against Rs 306 crore in the same quarter last year.
Eris Life’s Ebitda in the third quarter increased 50.4 per cent year-on-year to Rs 40 crore, compared to Rs 26.6 crore in the same quarter last year. At the same time, EBITDA Margin of the company has increased from 8.7 percent to 13.2 percent on an annual basis.
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