The price of an indian penny stock has surged 20 percent intraday from the previous closing price as the company’s financial results show a Net profit growth of 1113 percent YOY and revenue growth of 44 percent.
Price action
With a market capitalization of Rs. 135.43 crores on Wednesday, the shares of Sampann Utpadan India Ltd. were trading at CMP 34.8, which is close to 5 percent higher than its previous day’s closing price of Rs 33.45. The stock hit a 20 percent upper circuit intraday.
What Happened
Sampann Utpadan India Ltd, a company engaged in the manufacturing of reclaimed rubber, has announced its results for the Financial year ‘25.
Its Revenue grew by 44 percent YoY from Rs. 19.1 Crores in Q4FY24 to Rs. 27.5 Crores in Q4FY25, and it grew by 15.5 percent QoQ from Rs. 23.8 Crores in Q3FY25 to Rs. 27.5 Crores in Q4FY25.
Its Net Profit grew by a staggering 1113 percent YoY from Rs. 0.45 Crores in Q4FY24 to Rs. 5.46 Crores in Q4FY25, but this includes an exponential income worth 4.76 crores obtained from the sale of an extended producer responsibility certificate. Excluding the exponential item, the net profit growth stands at 329 percent Year on year.
The company’s EPS has also grown by 1118 percent YOY from Rs. 0.11 in Q4FY24 to Rs. 1.34 in Q4FY25, has increased by 362 percent QoQ from Rs. 0.29 in Q3FY25 to Rs. 1.34 in Q4FY25.
About the company
The Company is engaged in the business of generating energy through non-conventional sources and the production of reclaimed rubber. The company has a vertical integration of wind energy generation, supplying electricity to power grids, and handling all aspects of renewable power production, distribution, and storage, and the main business stands in Reclaimed Rubber thye company is a global supplier of crumb rubber, whole tyre reclaim rubber, and steel scrap derived from recycled tyres.
Written by Likesh Babu S
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