The shares of the real estate developer gained up to 5 percent in today’s trading session after the company’s board of directors approved a bonus issued in the ratio of 1:1, and Q4 results.
With a market capitalization of Rs 1,102.37 crore, the shares of Meghna Infracon Infrastructure Ltd were trading at Rs 1,015.70 per share, decreasing around 0.01 percent as compared to the previous closing price of Rs 1,015.85 apiece.
Q4 Highlights
According company filing, Meghna Infracon Infrastructure Ltd reported positive Q4 results, revenue increased by 24 percent on a quarter-on-quarter basis from Rs 10 crore in Q3FY25 to Rs 12.37 crore in Q4FY25. Further, revenue increased by 13 percent year on year, from Rs 10.93 crore in Q4FY24 to Rs 12.37 crore in Q4FY25.
The company’s net profit increased by 14 percent on a quarter-on-quarter basis, from Rs. 3.62 crore in Q3FY25 to Rs 4.15 crore in Q4FY25. Further, net profit magnified significantly by 615 percent year on year from Rs 0.58 crore in Q4FY24 to Rs 4.15 crore in Q4FY25.
The company posted a mixed FY24- 25 performance, with revenue decreasing 27 percent from Rs 55 crore to Rs 40 crore. Net profit jumped 233 percent, from Rs 3.17 crore to Rs 9.78 crore, reflecting positive profitability over the previous financial year. The board has also approved an interim dividend of Rs. 0.10 per share of Rs.10 each on the equity share capital of the company for the financial year ended 31st March, 2025.
Additionally, the board also recommended a bonus issued in the ratio of 1:1, ie, 1 new fully paid-up equity share of Rs 10 each for every 1 existing fully paid-up equity share of Rs 10 each to the eligible shareholders.
Meghna Infracon offers various services, including equity and initial public offering (IPO), mutual funds, derivatives, Non-Resident Indian (NRI) offerings, fixed deposits and bonds, and loans and realty.
Written by Abhishek Singh
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