Two penny stocks surged to the 5% upper circuit limit after reporting impressive year-on-year (YOY) net profit growth of up to 3530%. This remarkable increase in earnings has caught the attention of investors, leading to heightened trading activity and a significant boost in their stock prices, highlighting strong financial performance and growth potential.
Here are the two penny stocks in which net profit increased up to 3530 percent YOY
1. BCC Fuba India Limited
BCC Fuba India Limited specializes in manufacturing professional-grade printed circuit boards (PCBs). A joint venture with Fuba Hans Kolbe & Co. from Germany, it uses modern technology to serve various industries, especially automotive.
Stock Price Movement
With a market capitalization of Rs. 183.64 crores, the shares of B C C Fuba India Limited’s stock surged by 5 percent, reaching an upper circuit of Rs. 119.95 per share on Tuesday, up from its previous closing price of Rs. 114.25 per share.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of B C C Fuba India Limited, the company’s consolidated revenue from operations increased by 117.53 percent YOY, from Rs. 6.16 crore in Q3 FY24 to Rs. 13.40 crore in Q3 FY25, and grew by 18.48 percent QoQ from Rs. 11.31 crore in Q2 FY25.
In Q3 FY25, B C C Fuba India Limited’s consolidated net profit increased by 115.22 percent YOY, reaching Rs. 0.99 crore compared to Rs. 0.46 crore during the same period last year. As compared to Q2 FY25, the net profit has decreased by 7.61 percent, from Rs. 0.92 crore.
The basic earnings per share increased by 166.67 percent and stood at Rs 0.65 as against Rs 0.30 recorded in the same quarter in the previous year 2024.
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2. Rossell India Limited
Rossell India Limited was established in 1994 and is a diversified company primarily engaged in the cultivation, manufacturing, and sale of tea. The company also operates in the aviation and defense sectors, providing engineering and manufacturing services.
Stock Price Movement
With a market capitalization of Rs. 250.91 crores, the shares of Rossell India Limited’s stock surged by 5 percent, reaching a near-to-upper circuit of Rs. 72 per share on Tuesday, up from its previous closing price of Rs. 68.71 per share.
Later, Rossell India Limited’s share hit a 5 percent lower circuit of Rs. 65.28. Since then, the stock has retreated and is currently trading at Rs. 66.56 per equity share.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of Rossell India Limited, the company’s consolidated revenue from operations increased by 21.06 percent YOY, from Rs. 51.75 crore in Q3 FY24 to Rs. 62.65 crore in Q3 FY25, and down by 21.80 percent QoQ from Rs. 80.11 crore in Q2 FY25.
In Q3 FY25, Rossell India Limited’s consolidated net profit increased by 3,529.41 percent YOY, reaching Rs. 6.17 crore compared to Rs. 0.17 crore during the same period last year. As compared to Q2 FY25, the net profit has decreased by 78.12 percent, from Rs. 28.20 crore.
The basic earnings per share increased by 1,880 percent and stood at Rs 0.99 as against Rs 0.05 recorded in the same quarter in the previous year 2024.
Written By – Nikhil Naik
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