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Shares of Prataap Snacks and Shemaroo Entertainment rose 10 percent and 4 percent respectively in early trade on the back of strong numbers declared by the companies in the quarter ended September 2017 (Q2FY18).
Prataap Snacks has reported 143 percent jump in its Q2 net profit at Rs 12.9 crore against Rs 5.3 crore in the same quarter last fiscal.
Revenue was up 10 percent at Rs 263 crore, EBITDA was up 146 percent at Rs 26.1 crore and margins were up 550 bps at 9.9 percent.
Shemaroo Entertainment has registered 26 percent rise in Q2 net profit at Rs 18.8 crore and revenue increased 18 percent at Rs 134.3 crore.
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