Cravatex Q2 Results

Results were pretty encouraging. Their subsidiary BB(Uk) is definitely adding value for them as it can be seen in their current quarterly results.

Consolidated sales are up 136% from 23 Crores to 53 Crores

Subsidiary breaks even just in second quarter of operations, hires more QoQ

Consolidated net profits up 88% from 1.64 Crores to 3.08 Crores

Consolidated EPS for Q2 12 Rs

My estimates of Full Yr Net Profit is 11 cr. with EPS is around 43 , stock currently trading at 11 times which seems cheap. Could surprise !!!!