KRBL shares rallied 9% on a 51% YoY Q2 net profit jump.
Context
What happened: KRBL shares rallied 9% after the company reported a 51% year-on-year jump in Q2 net profit, driven by higher domestic revenue.
Key numbers: Q2FY27 revenue Rs 1,727.4 crore, up 14% YoY from Rs 1,511.1 crore. Net profit Rs 259 crore versus Rs 172 crore. EBITDA Rs 373 crore versus Rs 257 crore. H1FY27 net profit Rs 520 crore versus Rs 323 crore.
Why it matters: The stock trades above seven of its eight simple moving averages, indicating strength across most tracked periods, while domestic revenue growth partly offset a decline in export revenue.
Why it matters
The stock trades above seven of its eight simple moving averages, indicating strength across most tracked periods, while domestic revenue growth partly offset a decline in export revenue.