Results - Announcements
Comfort Commotrade Ltd share price softened by 4.85% to Rs 14.33 after the company's net profit tanked by 603.23% to Rs 3.12 crore, while revenue from operations dropped sharply 171.38% to Rs -2.32 crore in Q2FY27 over Q2FY26.
The market capitalization of Other Financial Services industry group stocks on BSE stood at Rs 66301.85 crore, easing 7.97%. It has marginally improved by 0.64% over last one week and ticked higher by 6.89% in last one month while the market capitalization of Comfort Commotrade Ltd has eased by 2.84% and 10.81% in the same period respectively.
Profit before tax (PBT) of Comfort Commotrade Ltd stood at Rs 3.97 crore in Q2 FY27, jumping 130.81% year-on-year, and nosediving by 294.61% quarter-on-quarter. EBITDA came in at Rs 4 crore, surging by 39.06% YoY and tumbling by 310.71% sequentially.
Total expenses witnessed a sharp rise of 39.52% to Rs 1.73 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 0.64 crore, surging 30.61% YoY.
For FY26, revenue from operations plunged by 212.75% to Rs 13.35 crore, while net profit tumbled by 383.72% to Rs 12.2 crore, compared to previous FY. EBITDA surged by 432% to Rs 19.48 crore, and PBT collapsed by 370.36% to Rs 16.33 crore compared to previous FY.
Comfort Commotrade Ltd nosedived by 23.01% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.37% during the same period.