Western India Shipyard report Q2 result

Western India Shipyard Limited, country's largest ship repair company in the private sector, reported a total turnover of INR 239.299 million in Q2 of FY11 compared to INR 175.334 million in Q2 of FY10 with 36.48% increase. EBIDTA in Q2 of FY11 stood at INR 97.490 million as against EBIDTA of INR 14.456 million in Q2 of FY10 witnessing strong operational growth with 574.39% in EBIDTA.
The Profit After Tax reported at INR 19.212 million as against a loss of INR 44.670 million in the corresponding quarter of the previous year.
Further with reference to Half Yearly results, the Company reported a total turnover of INR 539.434 million in H1 of FY10 compared to INR 280.498 million in HY1FY09 with 92.31% increase. EBIDTA in H1 of FY10 stood at INR 207.856 million as against EBIDTA of INR 11.166 million in H1 of FY09 witnessing strong operational growth with 1761.50% in EBIDTA.PAT for H1 of FY10 stood at INR 77.239 million as against the loss of INR 142.126 million in H1 of FY09.