Now Reading: Bigbloc Construction Q1 results: revenue up 40.5% YoY, loss narrows
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Bigbloc Construction Q1 results: revenue up 40.5% YoY, loss narrows
Bigbloc Construction Q1 results: revenue up 40.5% YoY, loss narrows
Bigbloc Construction will be in focus on Monday after announcing a 40.5% rise in Q1 FY27 revenue to Rs 79.14 crore. Net loss narrowed to Rs 71.95 lakh from Rs 4.96 crore…
The Story in Brief
Bigbloc Construction will be in focus on Monday after announcing a 40.5% rise in Q1 FY27 revenue to Rs 79.14 crore. Net loss narrowed to Rs 71.95 lakh from Rs 4.96 crore a year earlier, while EBITDA surged 386% to Rs 6.28 crore. The company cited healthy demand and operational efficiencies.
The stock closed Friday at Rs 46.92, up 0.43%. It has gained 3.23% in a week but fallen 37.47% year-to-date and 12% over one year, despite being termed a multibagger over five years. Livemint reports director Mohit Saboo said the firm is expanding into AAC Wall Panels and Construction Chemicals.
The Indian Opinion
The buzz around Bigbloc Construction obscures a mixed picture. Revenue jumped 40.5%, but the company still posted a net loss of Rs 71.95 lakh. The stock has fallen 37% year-to-date and 12% over one year, yet is being called a 'multibagger' based on a five-year return. Investors should focus on the next quarter's EBITDA margin trend: it improved to 7.93% but was still below the 40%-plus seen before the downturn. Can the company sustain growth while turning profitable?
Source: livemint.com
This story was synthesised by AI from the source linked above.
