A company’s revenue is the total amount of money generated by its regular business operations and is computed by multiplying the average sales price by the number of items sold. It is also referred to as sales and is displayed on the top-line section of any company’s income statement.
Following are the four stocks that witnessed revenue growth of up to 56 percent during the financial year 2024 compared to the previous year.
Maruti Suzuki India Limited
With a market capitalisation of Rs. 3.83 lakh crore, the share price of the stock moved up by 1.9 percent on BSE to Rs. 12,350 in the morning trading session of Wednesday, compared to its previous closing price of Rs. 12,120.6.
On a year-on-year basis, the revenue from operations increased by about 21 percent from Rs. 1,17,571 crore in FY22-23 to Rs. 1,41,858 crore in FY23-24, while it grew by around 15 percent QoQ from Rs. 33,512 crore in Q3 FY23-24 to Rs. 38,471 crore in Q4 FY23-24.
The company also witnessed a rise in the net profit by 23 percent QoQ from Rs. 3,150 crore in Q3 FY23-24 to Rs. 3,874 crore in Q4 FY23-24, while it grew by 65 percent YoY from Rs. 8,033 crore FY22-23 to Rs. 13,234 crore in FY23-24.
Maruti Suzuki India Limited, previously known as Maruti Udyog Ltd., is the largest passenger car company in India, accounting for more than 50 percent of the domestic car market.
Just Dial Limited
With a market capitalisation of Rs. 7,638 crore, the share price of India’s leading local search engine company moved up by 1.3 percent on BSE to Rs. 929.45 in the morning trading session of Wednesday, compared to its previous closing price of Rs. 917.75.
On a year-on-year basis, the revenue from operations increased by 23.4 percent from Rs. 845 crore in FY22-23 to Rs. 1,043 crore in FY23-24, while it grew by nearly 2 percent QoQ from Rs. 265 crore in Q3 FY23-24 to Rs. 270 crore in Q4 FY23-24.
The company also witnessed a rise in the net profit by 25 percent QoQ from Rs. 92 crore in Q3 FY23-24 to Rs. 115 crore in Q4 FY23-24, while it grew by 123.4 percent YoY from Rs. 162 crore FY22-23 to Rs. 362 crore in FY23-24.
Just Dial Limited provides local search-related services and software services to users in India through multiple platforms such as internet, desktop & mobile websites, mobile apps (Android & iOS), and over the telephone.
Natco Pharma Limited
With a market capitalisation of Rs. 17,964.72 crore, the share price of the stock moved up by 3.5 percent on BSE to hit an intraday high at Rs. 1,005 in the morning trading session of Wednesday, compared to its previous closing price of Rs. 970.55.
On a year-on-year basis, the revenue from operations increased by around 48 percent from Rs. 2,707 crore in FY22-23 to Rs. 3,998 crore in FY23-24, while it grew by 41 percent QoQ from Rs. 758 crore in Q3 FY23-24 to Rs. 1,068 crore in Q4 FY23-24.
The company also witnessed a rise in the net profit by 82 percent QoQ from Rs. 212 crore in Q3 FY23-24 to Rs. 386 crore in Q4 FY23-24, while it grew by 94 percent YoY from Rs. 715 crore FY22-23 to Rs. 1,388 crore in FY23-24.
Natco Pharma Limited is a vertically integrated and R&D-focused pharmaceutical company that specialises in the development, manufacturing and marketing of Finished Dosage Formulations (FDF) and Active Pharmaceutical Ingredients (APIs).
Arman Financial Services Limited
With a market capitalisation of Rs. 2,015.2 crore, the share price of the stock moved up by 1.07 percent on BSE to Rs. 1,950.05 in the morning trading session of Wednesday, compared to its previous closing price of Rs. 1,929.3.
On a year-on-year basis, the revenue from operations increased by nearly 56 percent from Rs. 424 crore in FY22-23 to Rs. 661 crore in FY23-24, while it grew by 8.3 percent QoQ from Rs. 168 crore in Q3 FY23-24 to Rs. 182 crore in Q4 FY23-24.
The company also witnessed a rise in the net profit by 19 percent QoQ from Rs. 42 crore in Q3 FY23-24 to Rs. 50 crore in Q4 FY23-24, while it grew by 85 percent YoY from Rs. 93.81 crore FY22-23 to Rs. 173.6 crore in FY23-24.
Incorporated in 1992, Arman Financial Services Ltd. is a Non-Banking Finance Company (NBFC) providing lending services primarily in the Two-Wheeler, Micro-Enterprise (MSME), and Microfinance segments.
Written by Shivani Singh
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