
News Topical, Digital Desk : The process of presenting the fourth quarter results is continuing. Many companies are presenting their results even after the market closed on Monday. These include JK Paper and Gujarat Gas. According to the results, there has been a sharp decline in the profit of JK Paper. At the same time, the income has also fallen. On the other hand, the profit of Gujarat Gas has increased even after the decrease in income. Both the companies have announced dividends for their investors. The effect of the results can be seen on the stocks in the next session.
JK Paper Q4
JK Paper, a paper and paper products company included in the BSE Smallcap Index, has presented its fourth quarter results. The company's profit has come down to Rs 77 crore from Rs 275.6 crore as compared to last year. At the same time, the company's income has come down from Rs 1,718.6 crore to Rs 1,689.5 crore. EBITDA has come down to Rs 216.6 crore from Rs 359 crore as compared to last year. The company's EBITDA margin has come down from 20.9 percent to 12.8 percent. The company has announced a dividend of Rs 5 per share to its investors. The stock closed at Rs 354.25 on Monday with a gain of 0.21 percent.
Gujarat Gas Q4 The profit of Gujarat Gas, a gas supplier company included in the BSE 200, has increased to Rs 287.2 crore from Rs 221.6 crore as compared to the December quarter. Income declined from Rs 4,152.9 crore to Rs 4,102 crore on a quarter-on-quarter basis. The company's EBITDA increased from Rs 379.4 crore to Rs 449.5 crore. EBITDA margin increased by 9.1 percent to 11 percent. The company has distributed an interim dividend of Rs 5.82 per share to its investors along with the quarterly results. On Monday, the stock saw a decline and the stock closed at 467, down half a percent.
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