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Login Open ICICI 3-in-1 Account

Entry Price

213.00

Target

270.00

Recommend Date

29-07-2020

Return

26.76 %
BUY

Date : 29-07-2020

Control Print (CPL) reported revenue de-growth of 31% YoY to | 35 crore. The subdued performance was largely on account of lockdown resulting into poor sales from printers. Better gross margins due to higher sales from consumables led OPM to sustained, which was at 24% against 26.9% in Q1FY20. EBITDA was down 38.5% YoY to | 8.5 crore. Adjusting the fair value of investments, PAT fell 43% YoY to | 5.4 crore.