InvestorQ : What is your view on the results of Dolat Investments?
Dawn Cherian made post

What is your view on the results of Dolat Investments?

Answer
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Mitali Bhutta answered.
6 days ago


For the Sep-20 quarter, Dolat Investments reported net sales of Rs.32.79 which is a sharp spike of 50.41% compared to just Rs.21.80 crore reported by Dolat in the quarter ending on September 2019. Even net profits were 17.7% up at Rs.24.39 crore in September 2020.

For the Sep-20 quarter, Dolat reported EBITDA at Rs.36.56 crore which is again a smart appreciation of 44% from the figure of Rs.25.28 crore reported in the quarter ending in September 2019.

The stock of Dolat Investments has been a good performer in the last six months giving returns to the tune of nearly 25% in the period. The stock is quoting at Rs.47.65 but on a YOY basis, the stock is down 22.65%, largely on the back of COVID pressures.