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# 370 Daily Money Show | Money Purse Stock Market News

65.2K views · Aug 03, 2022 · 16:34 min · Watch on YouTube ↗
Takeaway

Strong turnaround in featured company with PBT jumping to 77 cr and 70%+ EBITDA growth highlights operating leverage.

Summary

  • Sensex +214 points to 58,350; Nifty +42 points to ~17,000
  • Featured company PBT 42.5 cr previous quarter rose to 77.1 cr (vs 33.5 cr loss prior); turnaround story
  • Last year same quarter had Rs 85.9 cr loss vs current quarter Rs 64.6 cr profit
  • Operating revenue grew 9% QoQ; EBITDA jumped 70.57% — strong margin expansion
  • Discusses how a zero-promoter holding company like ITC is run by professional management board
EarningsTurnaroundITCEBITDADaily Update
Original description
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