'Capacite Infraprojects held its conference call on 5 February 2019 to discuss its results for the period ended December 2018.
Rohit Katyal, Executive Director & Chief Financial Officer and Alok Mehrorta, President – Corporate Finance addressed the call.
Highlights of the call:
Net Sales at Rs 449.38 crore in December 2018 grew 22.62%.
Quarterly Net Profit at Rs 23.90 crore in December 2018 grew 5.32%.
Nine month total income grew 36% to Rs 1317 crore.
The management is focused on curtailing finance cost. For the nine months, finance cost as a percentage of total income declined to 2.6% from 3.0%.
The capex spends towards Core Assets in the nine months was Rs 55 crore.
Total collections during nine months was Rs 1279 crore.
Net Working capital Days (Including Retention) stood at 81 days against 89 days as on March 2018 & 95 days as on Q3 FY18.
Net Working capital Days (Excluding Retention) was 5...
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