Financial Results with Results Press Release & Limited Review for June 30, 2013
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Communication to investors - June 2013
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Nobody would have expected such a strong set of numbers from Suven Life Sciences.
Revenues have grown 57% YoY and 46% QoQ, which was totally unexpected.
The growth in net profit is quite unbelievable, but still it is true.
Net Profit of the company has grown 273% YoY and 244% QoQ.
My Views:
Frankly speaking, the jump of 15% didn't looked that great when compared with the kind of numbers the company came out with. I was expecting 20% upper circuit on the stock after results, but it didn't happened.
Lets see how much upside is enough to give justice to such numbers posted by the company.
However being a long term investor, its always advisable not to get carried away by performance in 1 quarter.
Hence, we will continue to observe the numbers quarter after quarter and take the call accordingly.
For now, its looks good, and people might continue to hold for long term.
Go through the details in Communication to Investors PDF, it conveys lots of important information regarding the growth of the company.
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