Jubilant Organosys Q2 revenues go down

Delhi-based Jubilant Organosys Limited posted revenues of Rs 933 crore, but slightly lesser than the previous year, and EBITDA of Rs 192 crore with a margin of 20.5 per cent for the second quarter of the year while positively reversing the fortunes in the net profits.

Revenues for the quarter went down to Rs 933.1 crore during the quarter from Rs 940.5 crore during the corresponding period in the last fiscal. The EBITDA for the period under assessment stood at Rs. 191.7 crore against Rs 184.3 crore last year same quarter. The EBITDA margin improved by 90 bps to 20.5 per cent compared to 19.6 per cent during the previous year, according to a release from the company.

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