Optiemus Infracom saw its stock climb over 4% in early trade on Monday as the company announced a mixed set of Q2 earnings. While the topline showed some pressure, operational performance improved, helping lift investor sentiment. As of 9:32 AM, the shares were trading 4.23% higher at Rs 580.95.
For the quarter, consolidated revenue came in at Rs 418 crore, down 12.2% from Rs 477 crore last year. EBITDA rose 16.2% to Rs 33.6 crore compared to Rs 28.9 crore a year ago, driven by better cost control and improved efficiency. The EBITDA margin also inched up to 8%, higher than 6.1% in the same period last year.
Net profit for the quarter stood at Rs 16.8 crore, marking a 22.2% jump from Rs 13.7 crore last year.
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