Two penny stocks hit the 5 percent upper circuit after posting impressive YOY net profit growth of up to 252 percent. This surge attracted investors, increasing trading activity and stock prices, reflecting strong financial performance and promising growth potential in the market.
Here are the two penny stocks in which net profit increased up to 252 percent YOY:
1. Real Touch Finance Limited
Real Touch Finance Limited is a registered non-banking financial company (NBFC) in India that provides personal and business loans, including secured and structured finance solutions, to meet diverse financial needs.
Stock Price Movement
With a market capitalization of Rs. 102.18 crores, the shares of Real Touch Finance Limited’s stock surged by 5 percent, reaching an upper circuit of Rs. 82.74 per share on Friday, up from its previous closing price of Rs. 78.80 per share. Since then, the stock has retreated and is currently trading at Rs. 80.50 per equity share.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of Real Touch Finance Limited, the company’s consolidated revenue from operations increased by 45.96 percent YOY, from Rs. 5.20 crore in Q3 FY24 to Rs. 7.59 crore in Q3 FY25, and grew by 11.29 percent QoQ from Rs. 6.82 crore in Q2 FY25.
Further, the company’s EBIDT has increased by 63.69 percent, from Rs. 3.58 crore in Q3 FY24 to Rs. 5.86 crore in Q3 FY25.
In Q3 FY25, Real Touch Finance Limited’s consolidated net profit increased by 100 percent YOY, reaching Rs. 1.72 crore compared to Rs. 0.86 crore during the same period last year. As compared to Q2 FY25, the net profit has increased by 47.01 percent, from Rs. 1.17 crore.
The basic earnings per share increased by 100 percent and stood at Rs 1.36 as against Rs 0.68 recorded in the same quarter in the previous year 2024.
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2. Lakhotia Polyesters (India) Ltd
Lakhotia Polyesters (India) Limited specializes in manufacturing and selling metallic yarns, lacquered polyester films, and grey fabrics. Their products cater to various industries, including textiles, printing, and packaging. The company has a manufacturing capacity of 144 tons per annum for metallic yarns and operates under the trade name “Lakhotia Polyesters.”
Stock Price Movement
With a market capitalization of Rs. 41.90 crores, the shares of Lakhotia Polyesters (India) Limited’s stock surged by 5 percent, reaching an upper circuit of Rs. 40.32 per share on Friday, up from its previous closing price of Rs. 38.40 per share. Since then, the stock has retreated and is currently trading at Rs. 40 per equity share.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of Lakhotia Polyesters (India) Limited, the company’s consolidated revenue from operations increased by 54.81 percent YOY, from Rs. 15.91 crore in Q3 FY24 to Rs. 24.63 crore in Q3 FY25, and grew by 2.11 percent QoQ from Rs. 24.12 crore in Q2 FY25.
Further, the company’s EBIDT has increased by 237.04 percent, from Rs. 0.27 crore in Q3 FY24 to Rs. 0.91 crore in Q3 FY25.
In Q3 FY25, Lakhotia Polyesters (India) Limited’s consolidated net profit increased by 251.61 percent YOY, reaching Rs. 1.09 crore compared to Rs. 0.31 crore during the same period last year. As compared to Q2 FY25, the net profit has decreased by 4.39 percent, from Rs. 1.14 crore.
The basic earnings per share increased by 246.67 percent and stood at Rs 1.04 as against Rs 0.30 recorded in the same quarter in the previous year 2024.
Written by – Nikhil Naik
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